Spanish 10-Year Bonds Drop; Yield Rises 4 Basis Points to 4.48%

Spanish 10-year bonds declined, pushing the yield on the securities up four basis points, or 0.04 percentage point, to 4.48 percent as of 8:28 a.m. London time.

The rate on similar-maturity Italian bonds also climbed four basis points, to 4.20 percent.

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