Spread drops below 240 and equalizes the Bonos

Tapering will recede at least until spring, according to the words of future Fed president Janet Yellen, and the news not only makes the markets breathe, from Asia to Europe, but also the Btp Bund spread, which at the opening of the financial day it immediately dropped below 240 basis points to around 236 points at 9:45 am. Approximately the same share was reached by the differential between the ten-year Spanish and German Bonos, which however is increasing starting from the 235 points of the opening.