Investing.com - Italy saw borrowing costs decline to the lowest level since May at an auction of two-year government bonds on Monday.
Italy's Treasury sold EUR2.25 billion worth of two-year government bonds at an average yield of 1.392% earlier in the day, down from 1.770% at a similar auction last month.
The yield on Italian 10-year bonds stood at 4.223% following the auction.
Meanwhile, the euro remained little changed against the U.S. dollar, with EUR/USD easing up 0.05% to trade at 1.3811.
European stock markets remained mixed. Italy FTSE MIB Index rose 0.3%, the EURO STOXX 50 dropped 0.15%, France's CAC 40 declined 0.3%, Germany's DAX inched up 0.1%, while London's FTSE 100 tacked on 0.1%.
Italy's Treasury sold EUR2.25 billion worth of two-year government bonds at an average yield of 1.392% earlier in the day, down from 1.770% at a similar auction last month.
The yield on Italian 10-year bonds stood at 4.223% following the auction.
Meanwhile, the euro remained little changed against the U.S. dollar, with EUR/USD easing up 0.05% to trade at 1.3811.
European stock markets remained mixed. Italy FTSE MIB Index rose 0.3%, the EURO STOXX 50 dropped 0.15%, France's CAC 40 declined 0.3%, Germany's DAX inched up 0.1%, while London's FTSE 100 tacked on 0.1%.