FRANKFURT, June 15 (Reuters) – The Governing Council of the European Central Bank (ECB) will hold an impromptu meeting on Wednesday to discuss recent releases in the government bond market, a spokesman for the institution said. .
Bond yields have risen sharply since the ECB announced on Thursday that it would raise interest rates in July and September.
The spread between the ten-year German Bund yield and its Italian equivalent hit its highest level in more than two years on Tuesday, amid concerns about the impact of ECB monetary tightening on the world’s most indebted countries. clump.
“The Governing Council will hold an ad hoc meeting on Wednesday to discuss current market conditions,” an ECB spokesman said. (Report Balazs Koranyi, French version Laetitia Volga, said by)