May 15, 2018 / 6:21 AM / 9 months ago

Italy's 10-year bond yields at highest in almost two months

LONDON, May 15 (Reuters) - Long-term borrowing costs in Italy rose to their highest in almost two months in early Tuesday trade, reflecting political uncertainty in the euro zone’s third biggest economy.

Italy’s 10-year bond yield rose three basis points to 1.947 percent, underperforming euro zone peers.

The Italian bond market has come under pressure in the past week from concern that a government formed by the anti-establishment 5-Star Movement and far-right League will enact big-spending policies.

Reporting by Dhara Ranasinghe; editing by Sujata Rao

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below