Bond yield spread between Italy and German hits 9 week high

Author: Giles Coghlan | Category: News

Spread widens

Spread widens
  • Yield spread in blue
  • EURUSD in orange

As the yield spread rises that pressures the EURUSD. The spread is rising as Italian PM Conte looks at early elections after recent poll data. EURUSD moving higher in recent trade as German PMI data showed some pick up for services and only a slight miss for manufacturing. 
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