Bloomberg News

Italian Bonds Fall After European Leaders Agree on Fiscal Rules

December 09, 2011

Dec. 9 (Bloomberg) -- Italian government bonds fell after European leaders agreed to tighten budget rules and boost their crisis-fighting toolkit at a meeting in Brussels.

The decline pushed the 10-year yield up for a third day. It rose 11 basis points to 6.57 percent at 7:34 a.m. London time.

Two-year yields were 10 basis points higher at 6.33 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

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


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