Italian Five-Year Notes Decline Before Debt Sale; Yields Increase to 6.90%

Italian five-year notes fell as the nation prepared to sell as much as 3 billion euros ($3.9 billion) of the securities.

Five-year Italian yields climbed 11 basis points to 6.90 percent at 7:41 a.m. in London. Ten-year yields were nine basis points higher at 6.77 percent, while two-year note rates advanced 25 basis points to 5.91 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.