Italy debt costs fall to lowest since Oct. 2010 after govt formed

Italy’s five- and 10-year borrowing costs fell to their lowest level since October 2010 at an auction on Monday as new Prime Minister Enrico Letta named a coalition government, ending two months of political stalemate. The treasury sold all of its planned 3 billion euros ($3.9 billion) of 10-year…

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Italy debt costs fall to lowest since Oct. 2010 after govt formed