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The Milan stock exchange's FTSE Mib index shed 2.04% Monday after earlier being as far down as 3.7% in early trading, a loss that was in line with those registered on other European markets, amid fears of war in Ukraine.
The spread between Italy's 10-year BTP bond and the German Bund rose to 171 basis points, up from 165 at the end of business on Friday.
The yield on the BTP was 1.95% by the close, its highest since May 2020..
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