Italian, Spanish, French 10-Year Yields Rise Relative to Bunds
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Spanish and Italian 10-year bonds fell for a sixth-straight day, while the additional yield investors demand to hold similar-maturity French securities instead of benchmark German bunds widened to a euro-era record.
The yield on 10-year Italian bonds rose 12 basis points to 6.25 percent as of 7:43 a.m. in London, pushing the difference in yield, or spread, with similar-maturity German debt 19 basis points wider to 391 basis points.