Wed, 20 Jun 2012 13:30:04 GMT
Spanish and Italian bond yields decline after G-20 meeting
Italian and Spanish bond yields have declined after G-20 summit participants hinted that Eurozone members have to lower borrowing costs in the single currency union. However, G-20 leaders provided no further details on the issue. The yields on Spanish and Italian 10-year sovereign bonds dropped to 6.96% and 5.85%, respectively.