Business · Markets · 10 hrs ago

Italy-Germany bond spread closes slightly higher at 118 basis points

Italy-Germany bond spread closes slightly higher at 118 basis points

The gap between Italian and German 10-year bond yields ended the session slightly higher.

The spread closed at 118 basis points, up from 117 at the start of the session.

The bonds involved are Italian government bonds, known as BTPs, and German government bonds.

The spread measures the difference between their yields, and a higher gap means a wider difference in borrowing costs.

Italy’s 10-year bond yield stood at 4.51% at the close.

No further developments were specified.

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