Italian bond spread hovers above 450

Spanish bonos remain over 500-point threshold

Italian bond spread hovers above 450

(ANSA) - Rome, August 29 - The spread between 10-year Italian bonds and the German benchmark rose to 456 basis points on Wednesday. The spread, a barometer of Italy's borrowing costs and of investor faith in the country's ability to weather the eurozone crisis, closed at 450 points on Tuesday. The spread in Spain, another country whose bonds have been under added pressure in recent months, opened at 517 remaining above the psychologically important 500-point threshold.

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