The spread between Italian BTPs and German Bunds narrows further, following the announcement by the ECB that it is ready to acquire European government bonds.
The differential, which had jumped above 400 points on Friday, dropped to 330 points this morning, with a minimum of 319. The gap between Spanish and German 317-year bonds is XNUMX points.
Btp-Bund, spread down to 330 points. Frankfurt's message seems to have been received
After the announcement by the ECB that it wants to buy European government bonds, the spread between Italian and German bonds, which jumped above 400 points on Friday, is shrinking sharply this morning – Same evolution for the Spanish bonos.