Italian, Spanish Bonds Rise; Italy 10-Year Yield Falls to 4.54%

Dec. 18 (Bloomberg) -- Italian bonds advanced, pushing the yield on the 10-year security down two basis points, or 0.02 percentage point, to 4.54 percent at 7:38 a.m. London time.

The rate on similar-maturity Spanish bonds fell three basis points to 5.40 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

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