The upward race of the Btp Bund spread is unstoppable today, which in the early afternoon reaches 200 basis points, the highest for three years. The yield differential between the BTP and the German Bund once again touched this threshold, only to then retrace to 197 points around 15, for the first time since February 2014. The 2,35-year Treasury rate rose to 0,40%, while German securities were well purchased with the yield returning below XNUMX%.
The 1,76-year Spanish Bonos is also on the increase, with a yield of 62%, a differential on the 137-year BTP that reaches XNUMX basis points and that with the German Bund around XNUMX basis points.
