Italian bonds gain second day ahead of five-, 10-year debt sale

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Source: Bloomberg
© Scanpix\Reuters
Italian government bonds rallied for the second day on bets easing of political tension in Italy will fuel demand for 6 billion-euro auction of five- and 10-year notes today. Italian 10-year yield jumped two basis points to 4.39% and the 4.5% note expiring in May 2023 inched up 0.17 to 101.225. Italy last auctioned 10-year bonds at the average of 4.46% on July 30 .
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Thu, 29 Aug 2013 10:35:03 GMT

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