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Italy, Spain 10-Year Yields Decline to Least Since November 2010

Italian 10-year bonds advanced, pushing the yield on the securities down five basis points, or 0.05 percentage point, to 4.01 percent as of 7:42 a.m. London time. That’s the lowest since November 2010.

The rate on similar-maturity Spanish debt fell four basis points to 4.45 percent, also the lowest since November 2010, while the yield on Spain’s two-year notes slipped as much as seven basis points to 1.89 percent, the least since August 2010.

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