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Interest on 10-year BTP closes at historic low of 1.97%

BTP-Bund spread drops to 123 basis points

Redazione Ansa

(ANSA) - Rome, December 3 - The yield on Italy's 10-year BTP State bond on Wednesday closed below the 2% mark for the first time since the introduction of the euro, settling at 1.97%.
    The spread between the 10-year bond and the benchmark German bund, a key measure of investor confidence, stood at 123 basis points.
    The yield has been falling amid expectations that the European Central Bank is about to scale up its use of unconventional measures, including bond acquisitions, to combat sluggish growth in the eurozone.
   

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