Spread rises back to 318

(ANSA) - Rome, October 23 - The spread between Italian and German 10-year bond yields, a gauge of investor confidence, rose back to 318 points with a yield of 3.58% after the EU rejected Italy's 2019 budget plan, but then fell back to 313 and 3.54%.
    In both cases they were the highest since last Friday when the spread hit levele last seen at the start fo 2013.
    The European Commission said it had had no alternative but to reject the plan.