Italy's bonds soar as Letta wins confidence vote

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