(ANSA) - Rome, March 6 - The spread between Italy's 10-year
bond and its German counterpart fell below 90 basis points
Friday for the first time since May 2010. The spread touched
89.7 basis points as the interest rate on the 10-year BTP dipped
as low as 1.27%. Interest in European bonds has increased ahead
of the European Central Bank's massive-bond buying program which
begins Monday. Additional details on the quantitative easing
(QE) plan, which involves about 60 billion euros in monthly bond
purchases for 18 months, were released on Thursday.
Spread falls below 90 points, first since May 2010 - update
Yield falls as interest in bonds jumps ahead of QE