(ANSA) - Rome, May 25 - The spread between Italy's 10-year
BTP Bond and the German Bund crossed the 210-basis-point mark on
Friday and climbed to 216, the highest level since February
2014.
The yield on the BTP went up to 2.54%, the highest since
October 2014.
The spread later closed on 204 with a yield of 2.44%.
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 dropped 1.54%.
Bank stocks were hit particularly hard.
Spread crosses 210-point threshold (2)
Spread reaches highest level since February 2014