Pressure up on Spanish-Italian bonds

Pressure continued to weigh on Italian bonds at the close of the money markets Wednesday, with the spread between 10-year BTPs and the German benchmark widening on the day by six points. The yield spread, an indicator of market confidence in Italy's ability to weather the eurozone crisis, was 487 points with a yield of 6.073%. The Milan bourse was up 0.42%. Pressure on Spanish bonds increased, up 26 points to 576 on the day with a 6.96% yield. But trading on European markets was solid. The London bourse was up 1.01% at 5,685.77 points, its best closing level since July 5, recovering from two straight days of losses. Paris was up 1.84%, with its CAC 40 index closing at 3,235.40 points. Frankfurt's DAX index was up 1.6%, closing at 6,684.42 points. From ANSA