The Spain effect eases tensions on public debts in the Eurozone. The Italian spread it decreases a lot at the opening, reaching a minimum of 422 points, after closing the last session at 444. The new yield differential between the ten-year BTPs and the corresponding German Bunds corresponds to interest rates on our bonds equal to 5,63 ,XNUMX%.
Also in sharp decline the Madrid spread. After the government of Mariano Rajoy announced its intention to apply for a European loan to resolve the crisis in the banking system (with the Eurogroup which has said it is willing to grant loans of up to 100 billion), the Spanish differential has dropped from 488 points last Friday to the minimum of 462 reached this morning. However, yields on ten-year Bonos remain above the psychological threshold of 6%, albeit only slightly.
Meanwhile also i stock markets across Europe they leave again this morning in a big way. Piazza Affari opened up by more than two points. Paris (+1,78%), Frankfurt (+2,39%) and London (+1,75%) were also positive. As expected, the greatest increase is that of Madrid (+4,82%).
