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Bond spread drops below 190, first time since June 2011

Yield on 10-year BTP down to 3.56%

18 February, 14:00
Bond spread drops below 190, first time since June 2011 (ANSA) - Rome, February 18 - The spread between the Italian 10-year-old BTP bond and the German bund fell to 189.8 basis points on Tuesday, below the 190-point mark for the first time since June 30, 2011. The yield on the 10-year bond stood at 3.56%. Italy risked a Greek-style financial meltdown late in 2011 when the spread went over 500 points with yields above 7%.

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