Rome

Pressure eases on Italian, Spanish bonds

Spanish spread below 500, first time in month and a half

Pressure eases on Italian, Spanish bonds

(ANSA) - Rome, August 16 - The pressure eased on both Italian and Spanish bonds on Thursday, with the spread between Spanish 10-year bonds and the German bund dropping below 500 for the first time in a month and a half. The spread, an important indicator of investor faith in a country's ability to weather the euro crisis, dropped to 494 in Spain and to 423 in Italy.

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