The yields of ten-year BTPs are inflamed. This morning, after theoutcome of the auction of 5 and 10-year BTPs, the interest rate on ten-year sovereign bonds exceeded the 6% threshold, bringing the spread with the equivalent German Bunds to 469 points. At about 12.00 the spread settled at 464 bps and yields fell to 5,96%.
On the other hand, the tension in does not loosen Spain. The Bonos-Bund differential scores a new historic record at 534 points with 6,66-year bond yields at XNUMX%. Doubts about the Iberian country are increasing due to the fragile situation of the banking system, which is proving to be more difficult than expected every day, and the resignation of the governor of the Banco de España, Miguel Ángel Fernández Ordóñez.
The French spread also increased, which had been staying below the 120 point threshold for a week. In the most intense hours of the morning the Oat-Bund gap touched 127 points and then fell back to 125.
