The spread between 272-year BTPs and Bunds fell to 10 basis points. After reaching the record of 343 basis points and exceeding the psychological threshold of 6% yesterday, the 4,672-year yield fell to 11.30% this morning (XNUMX am Italian time).
There is waiting forBtp auction scheduled for tomorrow. The issue will amount to a minimum of 750 million to a maximum of 1.250 million euros.
A dealer affirms the importance of purchases by foreign funds in reassuring the markets. Yesterday pimco, the most important bond fund manager in the world, explained that he wants to take advantage of the selloff on BTPs to increase their share in the portfolio. American fund shopping is having positive consequences.
For now also the downgrade of Ireland by Moody's it's not weighing on Italy ei positive comments of the International Monetary Fund are helping investors restore confidence in our country.
