Rome

Italian spread up slightly after Germany approves ESM fund

Spain stable, yield down

Italian spread up slightly after Germany approves ESM fund

(ANSA) - Rome, September 12 - The spread betweeen Italian 10-year bonds and the German bund was up slightly to 343 points Wednesday hours after after the German Constitutional Court approved the EU's new ESM rescue fund. The yield, an important indicator of investor faith in Italy's ability to weather the euro crisis, was 5.04%, up from 4.9%. Spain's equivalent spread was stable at 397 points, and its yield dropped to 5.61%.

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