World Economy

Historic Lows

Historic LowsHistoric Lows

Borrowing rates in France, Spain and Italy fell to fresh historic lows on Friday in thin holiday trading, as investors eyed possible new anti-deflation measures from the European Central Bank, AFP said. The yield on France’s 10-year debt hit 0.812%, while the Spanish 10-year bond traded at 1.541% and the Italian at 1.819% -- beating previous records set on Tuesday.