Spread and yield open down

Spread 360.6, yield 5.071%

Spread and yield open down

(ANSA) - Rome, September 28 - The spread between Italian 10-year bonds and the German benchmark bund opened slightly down on Friday after surging Thursday on fears Spain might have to ask for European rescue funds and Greece pushed towards the brink of default. The spread stood at 360.6 points compared to 366 at Thursday's close. The yield was down a tad but still above the 5% mark at 5.071%. The yield and spread are gauges of market confidence in Italy's ability to pay down its huge debt.

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