Economy and business

BTP-Bund spread narrows as European bond yields fall

The spread between Italy’s 10-year BTP and Germany’s 10-year Bund opened at 113 basis points, down one point. The BTP yield fell three basis points to 4.43%, while US Treasury yields also declined.

4 Nov 2026

The spread between Italy’s 10-year BTP and Germany’s 10-year Bund opened slightly lower at 113 basis points, a one-point decrease. Yields on European bonds fell, with the BTP yield down three basis points to 4.43%.

US Treasury yields also dropped, declining 3.5 basis points to 4.92%. Investors’ expectations that a Congress controlled by Democrats could significantly slow President Donald Trump’s agenda were cited as easing pressure on US public debt.

Sources: ANSA Economia.