ROME, Sept. 28 (Xinhua) -- Yields on Italian bonds approached 5 percent for the first time in more than a decade Thursday, after the government announced it would sign an anti-inflation pact, and approved a draft 2024 budget featuring weaker economic targets.
With the increase in bond rates, the "spread" on Italian bonds -- the difference between yields on bonds in Italy and those in Germany -- briefly widened to 200 basis points for the first time since the start of the year, before pulling back slightly.
