Rome

Spread closes down 6 on 200 (2)

Yield down to 2.23%

Spread closes down 6 on 200 (2)

Rome, April 20 - The spread between Italian and German 10-year bond yields, a gauge of Italy's borrowing costs and of market confidence in the Italian economy, closed six points down on 200 points Thursday, compared to 206 at Wednesday's close, with a yield of 2.23%, 0.03% down from 2.26% on Wednesday. The lower the spread is, the better it is for the Italian economy and debt-servicing costs. The spread rose above 200 last month on EU populist fears.

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