Spanish Five-Year Notes Extend Decline After Debt Auction

Spain’s five-year notes extended a decline after the nation sold 4.08 billion euros of three-, five- and 15-year debt.

The five-year yield climbed 10 basis points to 3.06 percent at 9:45 a.m. London time. The rate on 10-year bonds rose eight basis points to 4.26 percent.

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