Markets

Italy/Germany bond yield gap at its widest in over 5 years

Published October 2, 2018 Updated October 2, 2018 01:03pm

As Italian bond yields surged 11-20 basis points, the yield premium investors demand to hold Italian debt over top-rated German peers also shot higher.

The Italian/German 10-year bond yield gap widened to 302 basis points, the widest level on that closely-watched spread in over five years .

The Italy/Spain 10-year bond yield spread was wider than any closing level in last 20 years at 190.5 basis points.

Spain's 10-year bond yield spread over Germany was at its widest in a month at around 112 basis points.

Copyright Reuters, 2018