Spanish, Italian, French Bonds Decrease on Debt Turmoil, Supply

Spanish, Italian and French government bonds fell as Europe’s leaders struggled to convince investors that they can craft an effective response to the region’s sovereign debt crisis.

The securities also declined on additional supply this week. France sold 7 billion euros ($9.8 billion) of bills, while Italy is planning to offer up to 11.25 billion euros of securities between Oct. 26 and Oct. 28, and Spain is due to auction three- and six-month bills tomorrow. German two-year notes were little changed.