Business · Markets · 9 hrs ago

Spread between Italian and German bonds falls to 112 points

Spread between Italian and German bonds falls to 112 points

The gap between Italian and German government bonds narrowed to 112 points at the close of trading.

It was down from 122 points the previous day.

The spread measures the difference between the yields on the two countries’ bonds.

Italy’s 10-year bond yield fell by eight basis points to 4.48%.

Germany’s 10-year yield rose to 3.36%.

The movements narrowed the yield gap between the two countries.

No next steps were reported.

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