Italy’s borrowing costs at all-time low in Draghi effect

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(ANSA) – ROME, FEB 9 – Italy’s borrowing costs fell to an
all-time low Tuesday on the prospect of former European Central
Bank President Mario Draghi leading a new government.
    The yield on the 10-year BTP Treasury bond fell to just 0.59%.
    The spread between Italian 10-year bond yields and their German
equivalents was steady at 95 points.
    Draghi’s new national unity government is expected to be sworn
in by the weekend. (ANSA).


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