The spread between Italian and German government bonds closed with a slight increase. The yield differential between the ten-year BTP and Bund benchmarks widened by approximately one basis point, hovering just below the 80-point threshold. Sovereign bond yields across the board trended higher after U.S. jobless claims came in below expectations. This data signaled resilience in the labor market, thereby dampening expectations for new interest rate cuts. The yield on Italy’s ten-year BTP rose by 5.9 basis points to 3.52%.
© Copyright ANSA – All rights reserved