Italy’s Borrowing Costs Increase at Auction of 10-Year Debt

Italy’s 10-year borrowing costs rose today from the previous auction, where they fell to a 2 1/2-year low following the appointment of Italian Prime Minister Enrico Letta, which ended a two-month political standoff. The Rome-based Treasury sold 3 billion euros ($3.89 billion) of bonds maturing i…

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Italy’s Borrowing Costs Increase at Auction of 10-Year Debt