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Spain, Italy 10-Year Bonds Drop; Spanish Yield Rises to 6.46%

Spanish and Italian 10-year government bonds declined.

The yield on Spain’s 10-year security rose eight basis points, or 0.08 percentage point, to 6.46 percent at 2 p.m. London time, while the rate on similar-maturity Italian bonds climbed nine basis points to 5.80 percent.

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

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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