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Spread closes steady on 166 (2)

Yield 2.11%

Redazione Ansa

(ANSA) - Rome, October 9 - 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 steady on 166 points Monday with the yield also steady on 2.11%.
    The lower the spread is, the better it is for the Italian economy and debt-servicing costs.
    The spread rose above 200 points earlier this year on EU populist fears.
   

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