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Italian BTP yields spike at Thursday auction

Italy’s Treasury sold €7.75 billion ($9.02 billion) in three BTP bonds at an auction on Thursday. It placed €3.5 billion of a 3-year BTP due in September 2029, with a 3.43% y…

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Italian borrowing costs jumped at Thursday’s auction, ahead of an ECB meeting expected to raise rates. 02 billion) in three BTP bonds. 43% y…