EUR bearish news: Italy-German yield spread hit 5-year highs on Thursday

Omkar Godbole FXStreet Contributor

The spread between the 10-year Italy-German bond yields rose to 285 basis points yesterday - the highest level since Q3 2017. The differential may widen further in the EUR negative manner if ratings agency Fitch downgrades Italy today, citing fiscal imprudence.

10-year yield spread

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Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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