Italy’s borrowing costs rose to the highest in almost four months one day after elections that produced a hung parliament, creating the risk of another vote this year.
The Rome-based Treasury auctioned €8.75 billion of six-month bills today at 1.237 per cent, the highest since October 29th and up from 0.731 per cent at an auction of similar maturity debt Jan. 29.
* **Italy's political troubles are impacting European markets. Details here**
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