Italian bonds gain as debt sale meets max target

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Italy's 10-year government notes rose on Tuesday, with the yield dropping from a two-week high, after the country reached its maximum target in an auction of 7 billion Euro of debt. The 1-year yields slipped 4 basis points to 4.98%, cutting three days of advance. The 5.5% note maturing in November 2022 added 0.28 to 104.5, while the 5-year yields fell 7 basis points to 3.82%.

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