Italy 10-year yields climb further to highest in over a month

This builds on yesterday's jump as highlighted by Adam at the time here:

• Italian borrowing costs are surging following the ECB decision

10-year Italian bond yields are now up another 12 bps to 4.28% and that is the highest since 10 November. That's a bad sign for risk sentiment in the region as it continues to bring about growing economic worries, with the spread between 10-year Italian and German yields also widening to 212 bps today:

Lagarde certainly wasn't down to close the spreads yesterday with the more hawkish tilt.