fxstreet.com 05 Feb, 2021 03:00 am

Italy risk premium at lowest since 2016

Italy risk premium at lowest since 2016
Italy's risk premium measured by the spread between the Italian and German 10-year bond yields has dropped below 100 basis points for the first time s

Investors look to be cheering the idea that the pro-European Union (EU) former ECB Governor Mario Draghi will be able to form a govt to navigate the coronavirus crisis and manage funds coming from the EU, as noted by macro analyst Holger Zschaepitz.Investors look to be cheering the idea that the pro-European Union (EU) former ECB Governor Mario Draghi will be able to form a govt to navigate the coronavirus crisis and manage funds coming from the EU, as noted by macro analyst Holger Zschaepitz.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

Italy's risk premium measured by the spread between the Italian and German 10-year bond yields has dropped below 100 basis points for the first time since 2016.So far, however, the decline in Italy's risk spread has failed to draw bids for EUR/USD.

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