The 10-year BTP yield rose today, reaching 0.82%, the highest level since the end of June, compared to the 0.77% area at the beginning of the day. The BTP / Bund spread was slightly in the 102bp area in light of the simultaneous increase in the Bund rate (-0.19%).
In Italy spotlight on the words of Minister Giancarlo Giorgetti. The leading exponent of the League said that “the country’s interest is that Draghi immediately go to the Quirinale, that elections be held immediately and that whoever wins them governs”. “Draghi would become De Gaulle, this is the country’s interest”, said Giorgetti in an interview with La Stampa. Giorgetti closes with a scenario of Mattarella-bis. “Mattarella remains alone if all parties vote for him. And Meloni has already said she will not vote for him ”, says Giorgetti who also sees Salvini inclined towards a no.