Italian, Spanish, Portuguese Bonds Slump

Italian, Spanish, Portuguese Bonds Slump

Mario Proenca/Bloomberg

Miniature Barcelos Roosters, the national symbol of Portugal, stand for sale as tourist souvenirs in a store in Lisbon, Portugal. Portugal’s 10-year yield climbed 43 basis points to 13.36 percent, sending the spread over German bunds to as much as 1,065 basis points.