Italian 5-Year Notes Erase Drop as European Central Bank Said to Buy Debt

Italian five-year notes erased a decline after the European Central Bank was said, by three people with knowledge of the transactions, to have bought the nation’s debt today.

The yield on the securities was little changed at 7.67 percent at 9:49 a.m. London time after rising as high as 7.83 percent.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

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

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