The market continues to ignore the downgrade of Standard & Poor's on Italy. And not only on the equity front, but also on that of government bonds. This morning the tension on the debt of our country still decreasesand, with the spread registering a new significant drop at the opening.
The yield differential between ten-year BTPs and the equivalent German Bunds, which closed yesterday at 485, approximately two hours after the start of trading, reached the minimum of 466 basis points. Figure which leads to a parallel new decline in interest rates on 6,4-year bonds, up to XNUMX%.
The spreads of also decreased this morning France e Spain, down from 126 to 120 and from 341 to 329 basis points, respectively.
