Wed, 02 Oct 2013 14:52:06 GMT
Italy's bonds soar as Letta wins confidence vote
Italian government bonds gained for a second consecutive day after the confidence vote in the parliament was won by Prime Minister Letta. Italy's 10-year yield dropped 0.05 percentage point, or five basis points, to 4.37% as of 1:52 p.m. in London. The March 2024 4.5% bond added 4.20 Euros or 0.42 per 1,000-Euro face value, to 101.5.