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Milan bourse makes big gains, bond yields fall

Investors hoping central banks will let up monetary tightening

(ANSA) - ROME, OCT 4 - The Milan stock exchange made big gains in early trading on Tuesday while Italy's State bond yields dropped significantly amid investor hopes that central banks' tightening of monetary policy may have peaked.
    The Milan bourse's FTSE Mib index was up by 2.8% in the middle of the day's business.
    The yield on the 10-year BTP State bonds, meanwhile, dropped to 4.06%, down 16 basis points on Monday's closing value.
    The spread between the BTP and the German Bund was down by three basis points to 228. (ANSA).
   

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