Italian Bills at 2.8 Percent on `High Side,' Spain

Italian Bills at 2.8 Percent on `High Side,' Spain Play

April 11 (Bloomberg) -- Johannes Jooste, a strategist at Bank of America Corp.'s Merrill Lynch Wealth Management, talks about today's auction of Italian Treasury bills and the outlook for Spanish 10-year bonds. The Rome-based Treasury auctioned 8 billion euros of 361-day bills at 2.84 percent, up from 1.405 percent at the last sale of similar-maturity debt on March 13. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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