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The additional yield investors demand to hold Italian 10-year bonds over similar-maturity German bunds rose to more than 400 basis points for the first time since Feb. 16.
Italy’s 10-year yield climbed 21 basis points to 5.66 percent at 3:59 p.m. London time, pushing the spread over bunds 29 basis points wider to 401 basis points, or 4.01 percentage points.
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