European government bonds rising, BTP at 4.58% and Bund at 3.64%

European government bond yields are rising again after the jump recorded on September 24th. The Italian ten-year BTP marks an increase of 7.4 points to 4.58%, reaching a new high since November 2023, with a spread of 94.8 points on the German Bund, which rises by 4 points to 3.64%. Also in this case it is a new high, but since September 2008. The French Oat rose by 6.2 points to 4.75%, never so high since March 2011, while in the United Kingdom the yield rose by 4.7 points to 5.41%, the highest since September 2008. The US yield rose by 6.9 points to 5.23%, as at the end of March 2002.

The rise in government bond yields corresponds to a drop in gold of 3.62% to 4,154.88 dollars per ounce, the lowest value since August 5, while the dollar rises to almost 1.14 against the euro and remains stable just above 1.32 against the pound.