Italian bond yields off highs on talk of new govt without election ...Middle East

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Italian bond yields off highs on talk of new govt without election
Italy's borrowing costs fell from two-and-a-half-month highs on Monday as investors focused on the chance that snap elections may be averted by the formation of a new government. Italian Prime Minister Giuseppe Conte could resign as early as Tuesday and then form a fresh coalition that would draw on centrist and "responsible" members of parliament, according to La Repubblica.

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