Milan weak, but record quarter

2020-06-30T14:16:58.638Z

The mixed start of Wall Street - with the Dow Jones down 0.22% and the Nasdaq up half a point - does not help the European lists, all in negative territory with the exception of Frankfurt (+ 0.13%). The drop in oil weighed on industrial stocks with WTI reaching 39 dollars a barrel and Brent below 41 dollars. In Europe Milan sells 0.66%, but a good month of June is about to close at + 6% and above all a quarter that rebounds at + 14.8%. Today the worst stock exchange is London, which loses over one percentage point. The spread between BTP and Bund is down to 173 points with the yield of our ten-year security at 1.25%. Government bonds are down today at rates. The Treasury has placed a total of 7.7 billion BTP and CCTEU. In particular, 3 billion 5-year BTPs were placed with a yield down to 0.68%, 10-year BTPs with a yield of 1.28 and other 10-year BTPs with a yield of 1.26%. BTPs are performing better than the rest of the eurozone sector, with the exception of Greece.