He resumes the gallop of the Italian spread. Around 16 pm, the yield differential between the ten-year BTPs and the corresponding German Bunds returned very close to the historical record, close to 460 basis points. A first peak of 452 was reached shortly after 14 pm, but in the following minutes the value had dropped back to 444.
The umpteenth ascent began at the last conference by Silvio Berlusconi from Cannes. Result: just over an hour after the closing of trades, the value of our spread has reached sidereal share of the 459 basis points. Obviously this is the record of the day. Subsequently, the value returned to fall slightly to 452.
Primacy also for the yield on ten-year bonds, which reached 6,4%, before falling back to 6,35%.
