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Italian Two-Year Note Yield Rises to Euro-Era Record of 6.26%

Italian two-year notes opened lower, driving up the yield by 16 basis points to 6.26 percent at 7:35 a.m. London time. That’s the most since before the euro was created in 1999.

Five-year note yields climbed seven basis points to 6.78 percent and 10-year bond yields were three basis points higher at 6.69 percent.

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