BTP weak, spread touches 146 on low liquidity, no effect vote – Reuters Italy

       

 MILAN, June 1 (Reuters) – A moderate flow of sales in the decade just after 10:30 am brought up in the spread area 146 basis points, the highest since last April 17, in a session marked by low liquidity due Also the bridge on 2 June. “In a normal seat, a flow of sales of 300 million would not have moved much. Today, however, this has led to the spurt in the spread,” says an Italian trader. “We expect all summer will be marked by a shortage of cash, but today and tomorrow this will be the determining factor of every movement, or rather, amplify each shift  of values, for nothing more indicative of a trend. I do not see the effects of the result the regional political, nor the macroeconomic data published today “says the trader. Outcome dense shadows for the government than the regional in which the Democratic Party takes home a 5 to 2 not without concerns, including scarssissima turnout. The party of Prime Minister Matteo Renzi retains the leadership of Marche, Puglia and Tuscany. It also keeps the Umbria, but by a whisker, while losing in Veneto where he returned to win the league. The Democratic Party goes instead, but with the candidate Vincenzo De Luca, the list of so-called “unpresentable”. The most significant defeat for the Democratic Party is in Liguria, where the dispute with the minority inside the party were felt. “The Greek question is still facing the markets. But I repeat that today, except in exceptional cases, to dominate the session will still be the effect of the lack of liquidity,” says  the trader. With the approaching date of June 5, when it expires an installment of a loan received from the IMF, German Chancellor Angela Merkel hosts a meeting with European Commission President Jean-Claude Juncker and French President Hollande. It seems inevitable that the issue will be discussed also in Athens. The EU Commissioner for Energy, Gunther Oettinger German, told the newspaper ‘Die Welt’ on newsstands today that it is possible that Greece and international creditors to reach an agreement this week. ============================= 12.00 ================== ========== BUND FUTURES June 155.63 (+0.20) FUTURES June BTP 134.47 (-0.46) BTP 2 YEARS (17 May) 101.967 (-0.006) 0.139% BTP 10 YEARS (June 25) 96.405 (-0.400) 1.905% BTP 30 YEARS (SET 44) 136.737 (-0.553) 2.903% ======================== SPREAD (PB) =========================== ——————- – ————— ———- FORMER TREASURY / BUND  10 ANNI 164 162 BTP / BUND 2 YEARS 38 37 BTP / BUND 10 YEARS 142,137 minimum 135.8 133.7 145.9 138.5 maximum BTP / BUND 30 YEARS 185,180 YEARS BTP 10.2 176.6 172.9 99.8 101.8 ======== BTP 30/10 YEARS ================================================== ===== – www.reuters.it On other news Reuters in Italian. The top news also on www.twitter.com/reuters_italia 

       
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