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Italy's bond spread hits highest level since July 2020

Yield on BTP up amid doubts about ECB policy

Redazione Ansa

(ANSA) - ROME, OCT 29 - The spread between Italy's BTP 10-year bond and the German Bund rose to 130 basis points on Friday, the highest level since July 2020, with the yield on the BTP up to 1.21%.
    The spread closed on 118 points on Thursday and 112 on Wednesday.
    The sharp rise in the spread is reportedly linked market doubts about the ECB's policy and its assessment that the recent spike in inflation is a temporary phenomenon. (ANSA).
   

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