Home » Business » Btp-Bund spread jumps to 135 points, ECB tightening fears – Last Hour

Btp-Bund spread jumps to 135 points, ECB tightening fears – Last Hour


(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 has reached its highest level in a year now, at 135.6 basis points, with the gap between our ten-year and German ones that has widened by more than 5 basis points, while the yield on BTPs rises by 10 points, reaching 1.02%. Our government bonds are discounting market bets for an acceleration in monetary tightening by the ECB in the event that Omicron does not undermine the ongoing economic recovery. (HANDLE).

REPRODUCTION RESERVED © Copyright ANSA