Italy's bond spread rose and the
Milan stock exchange registered big losses on Friday amid
uncertainty about the future of Premier Giuseppe Conte's
government and concern about the difficulties caused by the
COVID-19 pandemic.
The spread between Italy's 10-year BTP bond and the German Bund
went over 124.5 basis points for the first time since November,
up from 118 points on Thursday.
The Milan bourse's FTSE Mib index was down by 1.7% with less
than two hours to go before the end of the day's trading.
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