Italian Yields Hit 5-Month High After 3 Huge Bond Auctions

Italy just wrapped up a big bond auction, and the borrowing costs (as reflected by higher yields) were much higher across the board. DJ FX Trader breaks down the results of the three bond issuances.

italy auction

Photo: @DJFXTrader

Meanwhile, the 10-year yield is right around 6.3 per cent, which is the highest level since January.

italian yield

Photo: Bloomberg

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