(ANSA) - ROME, JUN 10 - Italy's State bonds came under
renewed pressure and the Milan stock exchange shed 2% in early
trading on Friday after the European Central Bank said Thursday
that it was halting its bond-buying programme and signalling it
was set to raise interest rates several times.
The spread between Italy's 10-year BTP and the German Bund
climbed to 223 basis points early on Friday, the highest level
since May 2020, and the yield reached 3.65%, its highest level
since October 2018.
The spread closed on 216 points on Thursday, having risen by 22
points in one day. (ANSA).
Bond spread climbs further, Milan bourse slides
ECB said it will stop bond-buying, raise interest rates