Italian 10-Year Bonds Stay Lower After 8 Billion Euro Debt Sale

Italian 10-year government bonds stayed lower after the nation sold 8 billion euros of debt maturing in 2016, 2018 and 2026.

The 10-year yield rose five basis points, or 0.05 percentage point, to 3.95 percent at 10:26 a.m. London time. Italy’s two-year note yield advanced seven basis points to 1.35 percent.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

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

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