BTp: spread against the Bund stable at 70 points, yield rises to 3.66%
Stable opening
due to the spread between BTp and Bund. At the start of trading, the yield spread between the benchmark 10-year BTp and the German Bund of the same maturity stood at around 70 basis points, the same level as yesterday’s close. By contrast, the yield on the benchmark 10-year BTp has risen, starting the session at 3.66%, compared with 3.62% at the previous close.
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