The maneuver announced by Mario Monti undoubtedly has, among its various objectives, that of bringing down interest rates. And on this front, the technical government can be satisfied: lo spread between Btp to 10 years Italians and German Bunds it declined below the 400-point mark. It was since 28 October that such an important milestone had not been reached. Now the differential is around i 396 pb.
As a result, the spread between the players also improves French oats and German Bunds, which is stable around altitude 100 points. This too, after last Thursday's result, is among the best in the last two months.
Good news also for the differential between the Bond and Waist down nearly 40 runs from the opener and now scoring i 309 points.
