Rome

Spread reacts positively to premier's comments on recovery

Italy's yield steady at 4.27%

Spread reacts positively to premier's comments on recovery

Rome, August 6 - The spread between Italy's 10-year bond and its German counterpart continued to hover at its lowest level since early in June at market opening on Tuesday, responding positively to Italian Premier Enrico Letta's assurances on Monday that an economic recovery had begun to sprout. The spread opened at 258 basis points while the yield rested at 4.27%.

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