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Spanish Bonds Rise Amid Stimulus Outlook; Greek Securities Slide

Spanish government bonds rose, with 10-year securities halting a two-day decline, as investors weighed the outlook for additional central-bank stimulus.

Portuguese and Irish bonds also rallied amid speculation judges in Germany’s highest court will rule in favor of the European Central Bank’s bond-buying program known as Outright Monetary Transactions. Germany’s two-year notes gained for the first time in five day as the nation sold 4 billion euros ($5.33 billion) of the securities. Greek bonds tumbled for a sixth day. on concern Prime Minister Antonis Samaras faces a rebellion after shutting the nation’s public broadcaster overnight.