Spanish Bonds Stay Lower as Draghi Speaks on Economy, Inflation

Spanish and Italian bonds stayed lower after European Central Bank President Mario Draghi said policy makers cut their 2013 growth and inflation forecasts.

Spain’s 10-year yield rose two basis points to 4.46 percent at 1:42 p.m. London time. Italy’s increased three basis points to 4.16 percent.

Before it's here, it's on the Bloomberg Terminal.