Italian bonds drop as S&P cut nation's rating

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Italian government securities decreased for a second consecutive day as S&P cut the credit rating for the country due to worsening economic outlook. The rating was decreased from BBB+ to BBB. The yield on 10-year government bonds increased 3 basis points to 4.44%. The yield on similar-maturity German bunds decreased 1 basis points to 1.65%.
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Wed, 10 Jul 2013 09:58:05 GMT

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