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Italian Bonds Slump as 10-Year Yield Rises to Most Since Dec. 11

Italian and Spanish bonds declined, pushing Italy’s 10-year yield to the most since Dec. 11.

Italian 10-year yields climbed 32 basis points, or 0.32 percentage point, to 4.81 percent as of 7:14 a.m. London time. The rate on similar-maturity Spanish debt rose 31 basis points to 5.48 percent.

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