Tue, 25 Jun 2013 12:16:12 GMT
Spanish and Italian bonds gain
Spanish and Italian bonds gained for the first time in four days on bets the ECB will keep its monetary policy even though U.S. talked about winding down its stimulus. Spanish 10-year yields fell 10 basis points to 5.02% as of 10:56 a.m. in London, after reaching 5.13%, the highest in approximately three months, while similar-maturity Italian bonds dropped five