Italian 10-Year Bonds Drop; Yield Rises 2 Basis Points to 4.49%

Italian 10-year government bonds declined, pushing the yield on the securities two basis points higher to 4.49 percent at 10:13 a.m. London time. The yield fell as much as two basis points to 4.44 percent earlier today.

Spain’s 10-year bonds also declined, with the yield rising two basis points to 5.46 percent.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

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