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The spread grows, but does not rise: 162 points

After the outcome of the Greek referendum, the differential between the BTP and the Bund rose to 161 basis points, however demonstrating a good stability – The Bonos/Bund and Oat/Bund spreads also increased.

The spread grows, but does not rise: 162 points

It grows it spread, after the Greek referendum. The differential between the Bund and the Btp, the "main thermometer" to understand if speculation will also affect Italy, has reached over 160 basis points, settling in the mid-morning area of ​​161 points, after having reached a session high in the 163 area.

The rise in the spread, which according to analysts will face, like the markets, a period of strong volatility at least until July 20, was in any case more limited than expected. The risk to which Italy is subjected is linked to the high debt, and structural reforms by the Government are needed to avoid speculation.

The difference between passes and Bund who, after opening the session at 162 basis points, and after having reached a low of 152 basis points, recovered in the last few minutes around 162 points. Also the spread between Oat and Bund. The differential between the French 40-year bond and the German one currently stands at around XNUMX basis points.

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