Bloomberg News

Italian 10-Year Bond Yield Drops to 4.736%; Least Since March 9

October 19, 2012

Italian 10-year bonds advanced, pushing the yield on the securities to the lowest in more than seven months.

The rate fell as much as three basis points, or 0.03 percentage points, to 4.736 percent, the lowest since March 9, and was at 4.75 percent as of 8:01 a.m. London time.

The yield on Spanish two-year notes fell to 2.699 percent, the least since April 4.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

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


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