Daily Digit: Italy's Rising Borrowing Costs
5.32 billion euros is today's daily digit in Europe - the amount Italian government bonds were auctioned at. Yields on the three year debt were their highest level since December, new 15 year bonds fared better but demand was subdued. It was the first sale of long-term debt since Fitch cut the country's credit rating. Lyn Graham-Taylor is from Rabobank.
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