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 lmeakin1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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