Sunny morning for the Italian spread, which returns to its lowest level from last week. About two hours after the opening of the markets, the yield differential between ten-year btps and the equivalent German bunds collapses by more than 10 points, reducing from the 367 recorded yesterday evening to 354.
It was probably the Italian bonds that eased the tension words pronounced yesterday by Antonio Borges, director of the European Department of the IMF, who used reassuring tones on the stability of our public finances, even recalling that Italy "has an even better primary surplus than that of Germany".
Meanwhile, even on the stock markets today is announced as a positive day. Piazza Affari resumed where it left off yesterday afternoon (nearly +4% at the close), and around 11 it gained more than two points. The other main European markets also performed well: Frankfurt gained 2%, while Paris and London were positive by 2,14 and 1,63% respectively.
