Italian bonds rise as Minister survives confidence vote

Source: Bloomberg
© Scanpix/Reuters
Italian bonds climbed for a second consecutive day after the Interior Minister A. Alfano survived a confidence vote in the Senate, muting investor concern about the nation's ruling coalition coming apart. Yield on Italian 10-year bonds declined one basis point to 4.4% as of 2:07 p.m. in London, after hitting 4.36%, the lowest rate since July 11.

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