Italian two-year notes opened lower, driving up the yield by 16 basis points to 6.26 percent at 7:35 a.m. London time. That’s the most since before the euro was created in 1999.
Five-year note yields climbed seven basis points to 6.78 percent and 10-year bond yields were three basis points higher at 6.69 percent.
To contact the reporter on this story: Paul Dobson in London at firstname.lastname@example.org
To contact the editor responsible for this story: Daniel Tilles at email@example.com