Business · Markets · 10 hrs ago

Italy’s bond spread rises to 115.7 basis points

Italy’s bond spread rises to 115.7 basis points

The gap between Italian and German government bond yields widened at the close of trading.

It reached 115.7 basis points, according to figures from Milan.

The gap compares the borrowing costs of Italy and Germany.

Italy’s 10-year government bond yield rose to 4.57%.

A wider gap means investors are demanding a larger return to hold Italian debt compared with German debt.

The figures show the market’s position at the close; no further developments were stated.

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