July 12 (Bloomberg) -- The yield on Italian 10-year bonds rose above 6 percent for the first time since 1997, according to data compiled by Bloomberg.

The yield climbed 33 basis points to 6.02 percent as of 9:16 a.m. in London.

To contact the reporter on this story: Matthew Brown in London at mbrown42@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net