(ANSA) - MILAN, 08 DEC - Italian government bonds under pressure after Pfizer offered reassurances on the ability of its vaccines to counter the Omicron variant of Covid.
The BTP-Bund spread reached its highest level in a year now, at 135.6 basis points, with the gap between our decennial and German ones that has widened by more than 5 basis points, while the yield on BTPs rises by 10 points. , settling at 1.02%.
Our government bonds are discounting market bets for an acceleration in the close of the money by the ECB in the event that Omicron does not undermine the current economic recovery.
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