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Spanish 10-Year Bond Yield Declines to Lowest Since June 11

Aug. 22 (Bloomberg) -- Spanish 10-year bonds advanced, pushing the yield on the securities to the lowest in more than 10 weeks.

The rate fell five basis points to 6.16 percent as of 10:02 a.m. London time. It earlier touched 6.148 percent, the lowest since June 11.

The yield on similar-maturity Italian debt fell seven basis points, or 0.07 percentage point, to 5.59 percent, after reaching 5.57 percent, the lowest since June 7.

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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