PRESS ROOM
Italian government bond yields edge lower as outlook improves
Thursday 09th April '20
There are two main things to note with regards to the European economy: 1. The economic picture is improving as virus cases settle and lockdowns are eased; and 2. European leaders are working to finalise a fiscal stimulus package and draw out the group’s budget for 2021-2027. A fiscal injection will be critical to support the group’s economic recovery. Italian government bond yields have come down signifying a reduction in the riskiness of the Italian economy. 10-year BTP yields, which had surged to nearly 2.25 in March, have settled to around 1.04 as of 20 July.