Piazza Affari opens higher and the spread between the BTP and the German Bund falls below the psychological threshold of 200 basis points (199) for the first time since 6 July 2011.
At the start of the session, the yield differential between the Italian ten-year benchmark and the German ten-year benchmark opened trading at 202 basis points, against 203 at yesterday's close. The yield of the Italian 3,96-year BTP stands at 3,97%, from XNUMX% on the previous day.
Subsequently, the spread recovered slightly to just above the 200 level