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Btp-Bund spread at 80 basis points, yields growing at 4%
['Matthew Allen']
LNU News
The opening of the financial markets led to an increase in the spread between Italian BTPs and German Bunds, which returned to exceeding 80 basis points by a few decimal points.
Spread increasing to 80 basis pointsThis is how, after days, the spread returned above 80 basis points, a threshold which for some time has represented the difference between a situation of calm on the markets and one of agitation, often caused by the evolution of the situation in the Middle East.
Yields over 4%However, yields also increased, reaching 4% for the benchmark 10-year BTP after several days of limited interest.
August government bond auctions beginThe BOT auction will be held tomorrow, the first of August, with 8 billion euros in securities maturing in 12 months.
A Paris benchmark stock yields 4.01%, with a spread of 81 basis points.