New wave of realizations on the Italian secondary market, penalized in terms of spread both against Germany and against Spain, with investors committed to digesting the medium-long term placement which has seen a noticeable rise in yields.
The spread between Italian BTPs and German Bunds reached 150 basis points, the highest since last June. On a day still marked by sales on sovereign bonds, Italian bonds, also under pressure due to the expectation of the outcome of the next constitutional referendum, are clearly worse than all the others in the Eurozone, with the yield rising to 1,67. XNUMX%, at the top since last February.
