Spanish Bonds Extend Drop as 30-Year Yield Reaches 1-Month High
By Neal Armstrong -
2012-08-31T14:45:00Z
Spanish government bonds extended a decline, pushing up the yield on 30-year securities to the highest in almost one month.
The 30-year yield jumped 18 basis points to 7.32 percent at 3:41 p.m. London time, the highest since Aug. 3. Ten-year bond yields increased 21 basis points to 6.81 percent.
Italy’s 10-year bond yield rose five basis points to 5.84 percent.
To contact the reporter on this story: Neal Armstrong in London at narmstrong8@bloomberg.net
To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net
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