Rome

Spread closes down 2 on 164 (2)

Yield edges down to 1.9%

Spread closes down 2 on 164 (2)

Rome, June 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 down two points on 164 points Tuesday, compared to 166 at Monday's close, with the yield down to 1.9%. The lower the spread is, the better it is for the Italian economy and debt-servicing costs. The spread rose above 200 points recently on EU populist fears.

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