European markets remained jittery on Thursday after Italy's record high cost of borrowing renewed fears over the eurozone debt crisis. After opening lower, markets in Germany and France rebounded to show slight gains in early morning trade, but the UK's FTSE index was slightly down.
Yields on Italian 10-year bonds were 7.28%, a level seen as unsustainable.
A closely-watched auction of 5bn euros ($6.7bn; £4.2bn) of Italian short-term Treasury bills is due shortly.
Earlier in the day, Japan's Nikkei index had fallen by 2.9%, South Korea's Kospi shed 3.8% and Hong Kong's Hang Seng index dropped 5.3%.
Among the European markets, Germany's Dax index was up 0.22% at 5,842.16, the French Cac 40 index was 0.4% higher at 3,087.38, while the UK's FTSE 100 was down 0.5% at 5,434.06.
Yields on Italian 10-year bonds were 7.28%, a level seen as unsustainable.
A closely-watched auction of 5bn euros ($6.7bn; £4.2bn) of Italian short-term Treasury bills is due shortly.
Earlier in the day, Japan's Nikkei index had fallen by 2.9%, South Korea's Kospi shed 3.8% and Hong Kong's Hang Seng index dropped 5.3%.
Among the European markets, Germany's Dax index was up 0.22% at 5,842.16, the French Cac 40 index was 0.4% higher at 3,087.38, while the UK's FTSE 100 was down 0.5% at 5,434.06.
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