Btp: spread sharply decreasing to 105 basis points

Spread between Italian BTPs and 10-year German Bunds in sharp decline: the differential moves around 105 basis points compared to 115 at the opening and 113 at the closing yesterday.

The yield on the Treasury product is falling on the electronic markets by 11 basis points, as is that of French bonds, while the German Bund rate is falling by only 3 'basis points'.

The yield of the BTP is therefore at 4.51% and that of the Paris product at 4.74%, against 3.45% of the German bond. European stock markets always positive, with Milan rising by more than one percentage point.