Rome

Italian bond spread shoots up by 20 points

Political uncertainty seen as factor

Italian bond spread shoots up by 20 points

Rome, February 4 - The spread between 10-year Italian bonds and the German benchmark shot up by 20 basis point to reach 282 on Monday with a yield of 4.45%. The spread is a key measure of Italy's borrowing costs and of investor confidence. Some analysts attributed Monday's jump to concerns about what Italy's political situation will be after the February 24-25 general election.

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