This morning, at 11, an extraordinary meeting of the ECB council is called. Possible creation of a mechanism that contains spreads
of the Long Son
The Governing Council of the ECB will meet this morning, Wednesday. An unscheduled meeting – according to the sun 24 hours – which could have as its object the long-awaited anti-spread shield announced several times by President Christine Lagarde. The meeting stems from the emergence of a market which, in recent days, has brought the spread between BTp and Bund to 252 basis points. But, according to the premises and the various statements of these days, the shield in the end may not even be …
—