Spanish 2-Year Notes Climb; Yield Drops 4 Basis Points to 2.75%

Spanish two-year notes advanced, with the yield slipping four basis points, or 0.04 percentage point, to 2.75 percent as of 7:56 a.m. London time.

The rate on similar-maturity Italian notes fell two basis points to 1.71 percent.

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To contact the editor responsible for this story: Paul Dobson at

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