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spread
The BTP-Bund spread, after the slightly changed closing on Friday, today started trading already on the rise and recorded an initial flare that led it to a top intraday at 147.2 basis points.
BTP: ten-year rally return. The spread also rises
From this level there was a fall back that saw the initial tensions partially re-entering, with the differential between the Italian ten-year and the German which now stands at 144.2 basis points, with an increase of 1.84%.
Sales on BTPs, as evidenced by the 10-year yield which, after a maximum of 1.133%, saw part of the movement re-enter, now showing a rally of 4.41% to 1.089%.
BTP: the S&P decision on the Italian rating takes second place
The market seems to completely ignore the decision announced by S&P that last Friday confirmed Italy's rating at "BBB", with a negative outlook.
The American agency has shown that our country's economic growth remains low in the short term, with several challenges limiting medium-term expansion.
S&P analysts have explained that a critical factor in the Italian rating will be the ability or not of the new government to introduce reforms aimed at increasing productivity and employment.
The agency, on the other hand, may decide to cut the credit assessment if there is a significant increase in the public deficit over the next 24 months.
BTP under pressure after center-right victory at the regional ones in Umbria
Source link
https://www.trend-online.com/prp/btp-rally-spread-elezioni-umbria-governo/
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