Italy 2-year bond yields fall by more than 25 bps at the start of trading
Investors are still exuding a similar relative calm as we await the formation of a coalition government later in the day. Euroskeptic Savona is to take up the role as EU relations minister - can you sense the irony in that?
Either way, look out for their plans on fiscal policy - as that will be the next key catalyst for a broad move in BTPs.
Meanwhile, yields spread between Italy and Germany's 10-year bonds have narrowed to 233 bps now after having touched above 300 bps earlier in the week.
