Italy's bond yields rose after auction

Note: This section contains information in English only.
Source: Forexpros
Italy's costs of borrowing advanced at six-month sovereign bond auction on Wednesday. Investors were cautious head of the EU summit due to start on Thursday. Italy sold the targeted amount of 9.00 million Euros of six-month bonds with average yield of 2.957% as compared to 2.104% at auction conducted in December 2011. Meanwhile, 10-year bond yield fell from 6.18% to 6.10%.

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