Spread drops to 93 pts on ECB PEPP boost

(ANSA) – ROME, MAR 11 – The spread between Italian and German
10-year bond yields dropped to 93 points Thursday, from 99 at
Wednesday’s close, after the Euroepan Central Bank said it would
boost the firepower of its PEPP bond-buying programme to help
lift economies out of the COVID recession.
    The yield on the BTP fell as low as 0.56% compared to 0.67% at
Wednesday’s close. (ANSA).
   

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