Spanish government bonds fell before new auction in near future.

Spain's government bonds decreased on Tuesday as the benchmark 10-year yields slipped for the second straight day as the country is trying to prolong the maturity of its debt in an auction in the near future. The benchmark 10-year government bonds were traded eight basis points lower at 4.29% as of 4:48 p.m. in London following a drop to 4.10% on October 2, the least since May 9.