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Italian 10-Year Bonds Advance as Spanish Securities Erase Drop

Jan. 15 (Bloomberg) -- Italian 10-year bonds advanced, pushing the yield on the securities down three basis points, or 0.03 percentage point, to 4.17 percent as of 10:03 a.m. London time. The rate earlier rose as much as four basis points to 4.24 percent.

Similar-maturity Spanish bonds erased a decline, leaving the yield little changed at 5.02 percent, after earlier climbing as much as five basis points to 5.07 percent.

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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