The spread between Italian and German 10-year bond yields, a gauge of investor confidence in Italy, surged to 150 points Friday from 140 at Thursday's close while the yield on the BTP rose to 1.26% from 1.16%, both recent highs.
The spread between German and Greek 10-year bond yields was 155.5 with a yield of 1.32%.
The difference in the rates of the Italian and Greek bonds has thus narrowed to just over five points, from over 10 points Thursday night and Friday morning.
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