The victory of Donald Trump in the US elections it did not represent the earthquake that could have been expected for the Stock Exchanges, but it fueled the fear of a sharp rise in interest rates on the market and this led the yields of XNUMX-year BTPs and Bund spread at levels not seen for some time.
The pressure therefore increases on the secondary market. The yield of Italian decennials touched today 2% yield, reaching levels not seen since July 2015.
Lo spread with the corresponding German government bonds, on the other hand, it rose up to 166 points, at most from August 2014 and beyond the threshold reached after Brexit. At the moment the BTp/Bund differential has retraced slightly to 165 points.
