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Btp-Bund spread below 340, lowest since September

The differential between Italian and German government bonds collapses to 335 - During the day, yields on Italian ten-year bonds fell from 5,31 to 5,18%.

Btp-Bund spread below 340, lowest since September

The Btp-Bund spread falls below 340 points, touching the minimum since September on the day of second maxi ECB auction. The difference stands at 335 basis points: level which corresponds to an interest rate yield on our ten-year bonds equal to 5,18%. In the morning the spread had started at 355 points, while yields were at 5,31%. The difference with the Bonos-bund spread is also narrowing, which stands at 317,8.

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