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BTP-Bund spread at 251 points, yield rises to 4.7%

2022-10-07T14:33:05.294Z


The BTP-Bund spread widened to 251 basis points, up by 9 basis points, to the highest since last September 28th. (HANDLE)


(ANSA) - MILAN, 07 OCT - The BTP-Bund spread has widened to 251 basis points, up by 9 basis points, to the maximum since last September 28th.

The yield of the Italian ten-year surpasses 4.71%, up 21 basis points, the black jersey among the Eurozone sovereigns, whose yields mark almost all double-digit increases.

The performance of the bond market has worsened, together with that of the stock exchanges, after the good US data on the labor market, which show how the American economy is holding up well the Fed rate hike, which will therefore be able to proceed with its head down in monetary tightening.

(HANDLE).


Source: ansa

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