Debt crisis live: Italy borrowing costs plunge at auction 11.54 Time for a quick update on the markets as we head towards lunchtime. The FTSE 100 is the only market in the black, with a negligible gain of 0.04pc, while the CAC is off 0.58pc, the DAX has dropped 0.29pc, the IBEX is 1.06pc lower and the FTSE MIB is down by 0.61pc. 11.29 As we mentioned earlier in the week, the position of Bank of England Governor is being publicly advertised for the first time. The Sun's business editor, Steve Hawkes, has taken this spirit of openness one stage further and publicly applied for the job. I am good at percentages and have a grade A in A-level economics - both facts that make me eminently appointable. But more specifically I am committed to delivering a safe, stable banking system which will serve the UK for generations to come. 11.01 There were also bond auctions in the UK and Ireland this morning. Britain sold £3.5bn of 10-year debt at 1.825pc, the highest since Spring, but still an enviable level for most of Europe. Ireland sold €500m of three-month debt and saw yields fall by more than half since the last comparable auction, to 0.7pc. 10.54 More than half of Britons believe that the UK's membership of the EU is bad for the economy, according to a new poll. The annual analysis by Washington-based think tank the German Marshall Fund showed that the number of British respondents with an unfavourable view of the EU had risen by 14 percentage points over the past year to 49pc. Time for a poll of our own: Is EU membership good for Britain? 10.30 Italy's seen its borrowing costs fall to a near two-year low at a bond auction this morning: it sold a total of €6.5bn in government bonds. Among that was €4bn in three-year debt, drawing an average yield of 2.75pc, down from 4.65pc in July. Marc Ostwald, stragegist at Monument Securities, said: They have really knocked the barriers down on this one. Relative to the market levels everything has gone at least five basis points in yield terms than they were in the secondary market. The cover... you wouldn't say it was enormous, but it's very good by Italian standards. It really does go to show how much optimisim there is on the back of the OMT, on the back of the Constitutional Court decision and eminently partly also fuelled by hopes for QE3 tonight. 10.24 Ewald Nowotny, a member of the ECB's governing council, is speaking on the European banking supervision plan at the moment. He says he'd be happy for eastern European nations to join up if they wanted to, and that he welcomes the central bank's role in the plan - as long as it has the resources to do the job.