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Spanish 10-Year Bonds Stay Higher After Auction; Yield is 4.92%

Spanish bonds stayed higher after the nation sold 4.5 billion euros of securities at an auction, exceeding its maximum target.

The yield on 10-year debt slipped five basis points, or 0.05 percentage point, to 4.92 percent as of 9:47 a.m. London time.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

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

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