Italy's cost of borrowing increases

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

Italy's cost of borrowing jumped after the country sold 7.5 billion euros of government bonds. Three-year bonds now produce yield of 7.89% as compared with 4.93% yield in October. The 10-year bonds added 24 basis points to 7.31%. Yields continue to rise while prices carry on falling.

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