Italy 10-year bond yields fall to fresh seven-week low on EU recovery fund proposal


content provided with permission by FXStreetRead full post at forexlive.com

The initial reaction is favourable for euro assets
See here for global coronavirus case data
Italian 10-year yields are now down to 1.48%, fresh lows in seven weeks, and that sees the yields spread between Italy and Germany 10-year bonds narrow to just 191 bps – the tightest since early April.