Milan

Spread narrows to 234 basis points

Interest rate on Italy's 10-year bond rests at 4.21%

Spread narrows to 234 basis points

Milan, August 16 - The spread between Italy's 10-year bond and its German counterpart narrowed to 234 basis points during trading Friday morning. The yield on 10-year Italian paper slid to 4.21%. At the same time, the spread between Spanish bonds and German Bunds narrowed to 250 basis points as Spanish 10-year bonds offered 4.36%

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