(ANSA) - Rome, May 25 - The spread between Italy's 10-year BTP bond crossed the 200-basis-point mark on Friday, climbing to 207 - the highest since June 2017. The yield on the BTP was up close to 2.5%. The spread, an important measure of investor confidence, has been on the rise as the anti-establishment 5-Star Movement (M5S) and the anti-migrant, Euroskeptic League close in on a forming a new government.
It closed on 191 points on Thursday.
The Milan stock exchange's FTSE Mib index shed 1.0%, dropping to 22.541 points, one hour before the close Friday.
Spread crosses 200-points threshold, Milan bourse down
Spread reaches highest level since June 2017