Rome

Bond spread opens higher than Friday at 348 basis points

Yield also increases to 4.86%

Bond spread opens higher than Friday at 348 basis points

Rome, March 4 - The yield spread between Italian 10-year bonds and their benchmark German equivalent opened higher on Monday at 348 basis points than Friday's increased closing of 340, up from 327 on Thursday. Treasury bonds also increased slightly, opening at 4.86%, up from 4.79% on Friday. The bond spread is a key indicator of investor confidence in Italy's ability to service its considerable public debt.

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