Italy’s short term yields rise as it adds new BTP Italia feature
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Italy’s short term yields rise as it adds new BTP Italia feature

Italy suffered a slight rise in its two year yields at auction on Thursday, as analysts reduced growth expectations for the country. The sovereign has a longer dated auction next week and has also taken another step to limit institutional participation in its retail focused BTP Italia bonds, which will next be sold in October, introducing an allotment element for the first time.

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