Spread at 121; European yields, gilts and T-Notes rise

The spread between BTPs and Bunds is at 121 basis points on Thursday morning, with the 10-year BTP/Bund differential down 1.1% from Wednesday's trading day.

Spread at 121; European yields, gilts, and T-Notes rise

The Italian 10-year yields 3.417%, up 0.4% from Wednesday, with an intraday high of 3.423% and a low of 3.411%.

Among other maturities, the two-year Rome bond has a yield of 2.5745%; the five-year shows a yield of 2.813%, and the 30-year yields 4.139%.

Five-year Credit Default Swaps on Italian bonds are priced at 58.4, with an implied probability of default of 1.0%.

The 10-year Bund is yielding 2.204%, up 1.3% from Wednesday. Its intraday high was 2.209%, and its low was 2.179%.

The French 10-year yield is 2.944%, up 1.1% from Wednesday, while the UK 10-year yield is 4.131%, up 1.6%.

In the US, the T-Note is yielding 4.039%, up 0.5% from the previous day. Its intraday high was 4.042%, and its low was 4.012%.