LONDON, March 26 (Reuters) - Italian government bond yields fell across the curve on Thursday after the European Central Bank said it will not apply its self-imposed purchase limits on a 750 billion euro coronavirus crisis-fighting bond purchase scheme.
The ECB also said it would buy debt with maturity as short as 70 days, compared with one year under previous purchases.
Short-dated Italian bonds were the biggest beneficiary, with yields plunging 12 bps to 0.40% after rocketing to a more than one-year high above 2% last week. Italian 10-year bond yields fell 7 bps to 1.49%, a near two-week low. (Reporting by Saikat Chatterjee; Editing by Dhara Ranasinghe)