The Treasury fills up with the auction of government bonds. all the 7 billion 5 and 10-year BTPs have, in fact, been placed on the market, with rates still falling which rewrite a new historic low: on the 5-year average yield fell to 0,56% (from 0,89 % of the January auction) and on the 10-year to 1,36% (from 1,62%).
Furthermore, the Treasury has also placed CctEu 2020 for 1,75 billion euros. Also in this case the yield showed a decline, from 0,87% to 0,62%. The spread between Btp and Bund is down, in the area of 106 points compared to 113 at yesterday's close.
