Italian 10-Year Bonds Erase Advance Before Sale; Yield at 4.91%

Italian 10-year bonds erased their advance as the nation prepared to sell as much as 4 billion euros of new 10-year securities and 2.5 billion euros of five- year notes.

Ten-year yields were little changed at 4.91 percent as of 9:41 a.m. London time, after dropping as much as six basis points to 4.84 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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