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 seven
points down on 193 points Monday, compared to 200 at Friday's
close, with a yield edging down to 2.12%.
The lower the spread is, the better it is for the Italian
economy and debt-servicing costs.
The spread rose above 200 points recently on fears of
European populist threats to the euro.
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