German 10-Year Government Bonds Rise; Italian Two-Year Notes Reverse Drop

German government bonds advanced, pushing the yield on the 10-year bund down by two basis points to 1.87 percent at 8:28 a.m. London time. The 30-year yield also decreased by two basis points to 2.48 percent.

Italian two-year notes reversed their earlier decline, with the yield falling two basis points to 2.95 percent.

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