Business · Markets · 9 hrs ago

Italian-German bond spread widens to 111.3 points

Italian-German bond spread widens to 111.3 points

The gap between Italian and German government bond yields widened to 111.3 basis points at the close of trading.

This measure, known as the spread, compares the cost of borrowing for the two countries.

Italy’s 10-year bond yield rose 7.3 basis points to 4.56% as yields increased more broadly, including in the United States.

Weekend protests and looting in France and some Italian cities added to investor concerns about the future stability of heavily indebted governments.

France’s 10-year bond yield rose 13.3 basis points to 4.93%, and its gap with German bonds reached 148.1 basis points.

The figures show borrowing costs rising in both countries, but no further market developments are specified.

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