Italian 10-year bonds advanced, pushing the yield on the securities down seven basis points to 5.71 percent as of 7:52 a.m. London time. That’s the lowest since July 4.
The yield on similar-maturity Spanish debt fell eight basis points to 6.36 percent, also the least since July 4.
To contact the reporter on this story: David Goodman in London at email@example.com
To contact the editor responsible for this story: Paul Dobson at firstname.lastname@example.org