
AI-generated summary
Resumption of sales on European government bonds with rising yields.
Heavy start for Piazza Affari, falling together with the other European stock exchanges while sales on government bonds resume, with the yields of Italian BTPs reaching new highs since 2023, at 4.68%, up by seven basis points, and the spread with the Bund rising by five points to 106.
The Ftse Mib lost 1% with Tim (-3.6%) and Poste (-2.9%) once again leading the declines.
The financial sector is also bad with Generali (-1.8%), Bper (-1.7%), Unicredit (-1.8%) while Prysmian (+2.7%), Technoprobe (+1.9%) and Stm (+0.9%) move against the trend, benefiting from technology acquisitions.

European stock markets worsen and government bond yields rise. Ten-year T-Bonds reach their highest since 2002 and the British thirty-year bond reaches 6%, while the BTP rises to 4.7%.

European stock markets worsen due to pressure on the bond market. Government bond yields hit new highs, with ten-year T-Bonds at their highest since 2002 and the British thirty-year bond at 6%.

Average self-service fuel prices recorded a further decline in Italy. Petrol drops to 2.084 euros per liter and diesel to 2.285 euros, following the application of the price cap by Eni, Ip and Q8.

The spread between BTPs and German Bunds rises by one basis point to 104, while Italian government bond yields increase by two basis points to 4.636%, reaching the highest levels since November 2023.

Asian stock markets close on a positive note thanks to better-than-expected results from Micron, which boost the technology sector. Tokyo gains 3.3%, Seoul 1.9%, while Sydney loses 2%. Chinese markets remain closed for holidays. The drop in oil temporarily interrupts the sell-off on government bonds, with US Treasuries little moved. Today, pay attention to the data on unemployment benefits in the US and Christine Lagarde's speech at the ECB.

The meeting 'System Italy and geopolitical risk: challenges and opportunities', organized by the Research Center Strategic Change 'Franco Fontana' of Luiss and Intesa Sanpaolo, underlined how the change in international balances requires Italian companies to integrate the analysis of geopolitical risk into decision-making processes, investing in human capital and developing permanent skills to guarantee strategic autonomy and resilience.