Italian 10-year government bonds climbed for the first time in four days, leaving the yield seven basis points, or 0.07 percentage point, lower at 6.11 percent at 8:32 a.m. London time. The Spanish 10-year yield declined three basis points to 6.84 percent.

To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net