Thu, 26 Jul 2012 17:07:38 GMT
Spanish and Italian bonds appreciated on Wednesday
Spanish and Italian bond
increased on hopes for European Stability Mechanism enhancement, after ECB's
approval to get a banking license. The yields on Spain's two-year government bonds
dropped from a Eurozone's high, falling to 6.46 per cent, after
rocketing to 7.147 per cent, the ten-year yield tumbled 21 percentage point to
7.41 per cent. At the same time, the yield on two-year Italian bond declined