Rome

Italian 10-year bond yield drops to lowest level since 2010

Interest rate falls below 4% to 3.98%, spread down to 277

Italian 10-year bond yield drops to lowest level since 2010

Rome, April 23 - The yield on the 10-year Italian bond dropped to its lowest level since November 2010 on Tuesday when it fell below 4% to descend to 3.98%. The drop made it possible for the spread between the bond and the German benchmark, a key measure of investor confident and of Italy's borrowing costs, to drop below the 280-basis-points mark to 277.

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