bond market closes with narrowing spreads
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Bond market closes with narrowing spreads

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Emiratesvoice, emirates voice Bond market closes with narrowing spreads

Rome - ANSA
The spread between Italian 10-year bonds and the benchmark German bund closed down Wednesday at 329 basis points from 341 a day earlier. The yield, an important indicator of investor confidence in the heavily indebted country\'s ability to whether the euro crisis, was down to 4.92% from 5.05%. The equivalent spread between Spanish and German bonds also narrowed to 407 points with a yield of 5.69%.  

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