Spanish 10-Year Bonds Decline as Italian Yield Rises to 4.48%

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Spanish 10-year bonds declined, with the yield on the nation’s securities maturing in October 2023 rising four basis points, or 0.04 percentage point, to 4.72 percent at 9:33 a.m. London time.

Italy’s 10-year rate gained two basis points to 4.48 percent. German 10-year bond yields rose two basis points to 1.57 percent.