6.64 Percent: Italy’s Borrowing Costs At A Euro-Era HighNovember 7, 2011 4:11 pm
We had spotted some stats on Italy’s borrowing costs – we spotted this today:
“The Italian government’s borrowing cost has risen as fears grow over political uncertainty in Rome.
The yield on Italian 10-year bonds rose from 6.37% to a euro-era high of 6.64%, before retreating to 6.5%.
It is feared that Italy, the eurozone’s third biggest economy, could become the next victim of the debt crisis. PM Silvio Berlusconi faces a crunch vote on public finance on Tuesday.”
Statistics Source: BBC