6.64 Percent: Italy’s Borrowing Costs At A Euro-Era High

November 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

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