BTPs: spread closes lower at 110 points; 10-year yield falls to 4.58 per cent
(Il Sole 24 Ore Radiocor) - A trading session characterised by broad stability in yields across the euro yield curve. At the close of trading, the spread between BTPs and Bunds remained within a narrow range, closing at 110 basis points, down 1 basis point on the previous day’s close. The yield on the benchmark 10-year BTp fell slightly, ending the session at 4.58 per cent, down from 4.60 per cent at the previous close. The yield on the French 10-year OAT fell by 2 basis points compared with the previous day’s closing level and ended at 4.86 per cent, with a spread of 137 basis points against the German Bund (139 basis points yesterday).
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