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Spread still above 390bp

The start of the session was slow for the Italian differential, which in the middle of the day remained practically at the same level as the opening – In any case, these values ​​are too high, dangerously close to the psychological threshold of 400 points.

Spread still above 390bp

A morning of relative tranquility today for the Italian spread, which in any case continues to travel at very high levels, not far from the much feared 400 quota.

After having lost 393 basis points, the yield differential between ten-year BTPs and the equivalent German Bunds fluctuated between a minimum of 387 and a maximum of 397 bps, to then settle just after 13 pm, just one point above the level of opening, at 394bps.

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