Italy Wins Back Debt Investors as Yields Fall Across Europe

The renewed faith in Italy’s finances comes as government bond prices across Europe have been buoyed in recent months

A sharp fall in yields on Tuesday came after the government pledged Monday to hit a lower budget deficit this year than expected.

The renewed faith in Italy’s finances also comes as government bond prices across Europe, which rise as yields fall, have been buoyed in recent months by hopes of more monetary stimulus from the European Central Bank.

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