Italy issues bonds at highest borrowing costs since wake of eurozone debt crisis

Financial Times LogoFinancial Times1 mo ago

Italy issues bonds at highest borrowing costs since wake of eurozone debt crisis

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Last month, Italy sold 10-year bonds at a 3.1 per cent yield.

Those higher yields also increase the borrowing costs countries pay when they issue new debt.

That anticipated reversal of ultra-loose policy has, in turn, triggered ructions across the eurozone’s bond markets — dealing a particular blow to the region’s more indebted economies.

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Article Details

Author / Journalist: Nikou Asgari

Category: MarketsFinanceInvesting

Topics: Borrowing Costs Markets Higher Bond Debt Italy Financial Bonds Yields

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 16:20:46

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 514 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23309

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