Tuesday, August 26, 2014

The spread below the threshold of 150 points – Corriere della Sera



Milan , August 26, 2014 – 10:13

     
     
 

dip below the level of 150 – up to 147 points in the morning – the spread between BTP and the Bund, while touching a record low of 2.40% on ten-year Italian bond yield. Traders call it “effect-Dragons’ indicating market expectations towards the ECB president from whom we expect the launch of the so-called non-conventional measures, or” quantitative easing, “the purchase of securities of private and public already experienced by the United States to stimulate the economy and fight deflation and stagnation in Europe.

130 points down to even the spread between Spanish Bonos and the Bund, with a Spanish bond yield at 2.24%. And again on Italian bonds of debt, after reaching the minimum, the return on ten-year treasury bonds fell below the ten-year rate of the equivalent of the UK, while the market is waiting for the first Treasury auction of the week with the placement of 3 billion Ctz.

Piazza Affari is thwarted, after the race by more than 2% Tuesday, in line with the fall in European stocks after German business confidence and waiting for the summit on the crisis in Ukraine. Oscillates on equality also the list of Paris that records the smooth formation of a new government after disputes over austerity policies. The euro remained weak against the dollar and exchange 1.3202, after falling to 1.3178 on Asian markets

August 26, 2014 | 10:13

© ALL RIGHTS RESERVED

LikeTweet

No comments:

Post a Comment