Vertical collapse at the opening for the Italian spread. According to data provided by the Bloomberg platform, after opening at 420, the yield differential between the ten-year BTPs and the corresponding German Bunds fell rapidly until it returned below the threshold of 400 basis points. Just before 10 o'clock, the recorded value is 393 points. The new level of the spread corresponds to a interest rate on our XNUMX-year government bonds below 6% again. In the same minutes, the yield actually dropped to 5,751 %.
Good news arriving this morning also for France and Spain, which saw their spreads decrease respectively from 125 to 120 and from 317 to 307 basis points.
