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Italy's borrowing costs jumped in a short-term bond
auction amid investors' concerns that the nation was ungovernable
after an inconclusive election result.
The Italian central bank said Tuesday it had raised 8.75 billion
euros (11.45 billion dollars) in a six-month auction, but at a higher
cost, with the rate climbing to 1.237 per cent from 0.731 per cent in
January.
