BTp: spread opens lower at 70 points; 10-year yield falls to 3.66%

The spread between BTp and Bund opened slightly lower. 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, down from 71 points at last Friday’s close. The yield on the benchmark 10-year BTp was also down, starting the session at 3.66%, down from 3.69% at the previous close.

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