A week of heavy selling ends, both on the stock market and on the bond market. And a word that for some time had disappeared from radar returns to the top. That “spread”, which in the common sense has become the yield differential between Btp and 10-year Bund, returned beyond the threshold of 200 basis points, as had not happened since May 2020, also due to the intensification of tensions around the Draghi government struggling with aid coverage.
The framework of rates
On this tour of history …
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