Spain's Bonds Fall With Italy's on $13 Billion of Euro Supply
- Austria, Netherlands, Spain among nations that sold debt
- Germany's securities erase earlier drop after auction
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Bonds of Europe’s lower-rated nations fell as investors took on 12 billion euros ($13 billion) of new supply.
Spanish debt saw some of the biggest declines as the nation sold 9 billion euros of 10-year bonds via banks, after receiving orders for more than 29 billion euros. German and French bonds were little changed, erasing an earlier drop, after the sales were completed later in the afternoon.