Italian Bonds Reverse Drop, Sending 10-Year Yields Lower to 6.62 Percent
Italian bonds reversed a decline that sent yields climbing to euro-era records.
Italy’s 10-year yield dropped four basis points to 6.62 percent at 9:40 a.m. London time, after earlier advancing to 6.74 percent.
The five-year note yield slid six basis points to 6.65 percent, while the two-year note yield fell seven basis points to 6.03 percent.
To contact the reporter on this story: Lucy Meakin in London at email@example.com
To contact the editor responsible for this story: Daniel Tilles at firstname.lastname@example.org