BTp: spread closes lower at 70 points; 10-year yield falls to 3.64%

The spread between BTp and Bund bonds closed slightly lower. At the close of trading, the yield spread between the benchmark 10-year BTp and the German Bund of the same maturity stood at 70 basis points, down one point from yesterday’s closing level of 71. The downward trend in the yield on the benchmark 10-year BTp continued, with the bond closing at 3.64 per cent, down from the previous close of 3.67 per cent.

liv