Italian Bonds Decline as Spanish 10-Year Yield Advances to 5.27%

Spanish and Italian government bonds declined, pushing the yield on Spain’s 10-year bond up four basis points to 5.27 percent at 7:38 a.m. London time.

The rate on similar-maturity Italian bonds climbed three basis points, or 0.03 percentage point, to 4.35 percent.

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