Italian yields on 3-year bonds skyrocket MILAN, Italy (AP) — Italy's borrowing costs on its three-year bonds skyrocketed to their highest level since December, as concerns about Spain and the state of Europe's economy continued to pummel Italy's finances. Spain's decision over the weekend to seek a bailout for its banks has heightened pressure on Italy to speed its reforms and hold steady on austerity.

BING NEWS:
  • Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
    Yields on U.S. government debt continued to drift slightly lower during Federal Reserve Chairman Jerome Powell’s post-meeting press conference on Wednesday, as traders gauged the likely impact of ...
    05/1/2024 - 8:48 am | View Link
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