Sunny day for the Italian spread. After opening at 366 basis points and reaching the high of the day at 369, the differential suddenly collapsed to 344 bps. The easing of pressure on government bonds is not linked so much to particular merits of our country, as to a cooling of the market against the Bund, waiting to know the results of the Ecofin summit in Poland.
Spread Btp/Bund collapses below 350 basis points waiting for the Ecofin
After reaching a daily high of 369 basis points, the differential fell by more than 20 points, down to 344 - The drop is linked to the cooling of the market against the Bund, pending the outcome of the meeting between the finance ministers Europeans in Poland.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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