The Italian spread took off after Standard & Poor's downgraded seven Italian banks. The yield spread, which had opened at 398 basis points, skyrocketed to a peak of 413 a few minutes after the opening, with yields at 5,84%.
A share very close to the historic record of 415 bps set on 5 August, when Italy still did not benefit from ECB aid on the government bond market. At 11 the spread returned to settle at 402 basis points.
Meanwhile, Piazza Affari continues to widen the losses, in the red by 3,05%.
