Yield spread falls to 186

Yield down to 2.06%

Yield spread falls to 186

Rome, November 28 - The spread between Italian and German 10-year bonds, a mark of investor confidence in the Italian economy and of Italy's borrowing costs, fell to 186 basis points at Monday's close with a yield of 2.06% compared to 190 and 2.13% at Friday's close. The yield has been hovering at two-year highs for the last few weeks amid fears a Constitutional reform referendum defeat December 4 may spell Premier Matteo Renzi's resignation and usher in a period of political and economic uncertainty.

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