UPDATE 2-Italian bond yields jump as EU fails to agree rescue package [Reuters]
IHS Markit Ltd. Common Shares (INFO)
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Source: Reuters
UPDATE 2-Italian bond yields jump as EU fails to agree rescue package * EU finance ministers disagree over fiscal aid package * Italian yields rise, gap with German yields grows * Other peripheral yields little moved, ECB measures may help * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds details, more analyst comments, context) By Tommy Wilkes LONDON, April 8 (Reuters) - Italian government bond yields rose sharply on Wednesday after European Union finance ministers failed to agree a rescue package to help economies recover from the impact of the coronavirus outbreak. Diplomatic sources and officials said a feud between Italy and the Netherlands over what conditions should be attached to euro zone credit for governments fighting the pandemic was blocking progress on half a trillion euros worth of aid. Heavily indebted Italy, one of the countries hardest hit by the pandemic, has been lobbying for more economic support — including some form of debt mutualisation. The Europe
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