BTPs: spread against the Bund opens at 70 basis points, yield at 3.63% at the start of trading
The spread between BTp and Bund yields remained broadly stable. At the start of trading, the yield spread between the benchmark 10-year BTp and the German Bund of the same maturity stood at 70 basis points, compared with 69 basis points at yesterday’s close. The yield on the benchmark 10-year BTp also rose slightly, opening the session at 3.63 per cent, up from the previous close of 3.62 per cent.
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