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Spread closes up 3 on 170 (2)

Yield edges up to 1.97%

Redazione Ansa

(ANSA) - Rome, June 16 - The spread between Italian and German 10-year bond yields, a gauge of Italy's borrowing costs and of market confidence in the Italian economy, closed up three points on 170 points Friday, compared to 167 at Thursday's close, with the yield edging up 0.02% to 1.97%.
    The lower the spread is, the better it is for the Italian economy and debt-servicing costs.
    The spread rose above 200 points recently on EU populist fears.
   

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