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Italian 10-Year Bonds Erase Advance, Leaving Yield at 5.00%

Italian 10-year government bonds erased an advance, leaving the yield little changed at 5.00 percent as of 2:26 p.m. London time.

The rate on the securities earlier dropped as much as six basis points to 4.95 percent.

Spanish 10-year bonds slid, with the yield climbing 11 basis points to 5.74 percent.

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