Spread between Italian and German bonds opens slightly higher at 104 basis points

The spread between Italian and German government bonds opened at 104 basis points on November 10.

The Italian bonds are known as BTPs, while the German bonds are called Bunds.

The spread measures the difference between the yields investors receive on the two countries’ bonds.

It was marginally higher at the start of trading, according to the available figures.

The spread gives a snapshot of how yields on Italian government debt compare with those on German debt.

No further market developments or next steps were reported.