Interest on 10-year BTP drops below 2% - update

(ANSA) - Rome, December 3 - The yield on Italy's 10-year BTP State bond fell below the 2% mark for the first time since the introduction of the euro on Wednesday. The spread between the 10-year bond and the benchmark German bund, a key measure of investor confidence, stood at 126 basis points. The yield has been falling amid expectations that the European Central Bank is about to scale up its use of unconventional measures, including bond acquisitions, to combat sluggish growth in the eurozone.