MILAN: Italy's 10-year debt costs rose more than half a percentage point at the first longer-term auction since an inconclusive parliamentary election, although they remained below the psychologically important level of 5%.
The treasury sold the top planned amount 4 billion euros of a new 10-year bond, with a yield of 4.83%, the highest since October 2012. At the end of January, Rome had paid 4.17% to sell 10-year paper. - Reuters
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