Spanish government securities rise on manufacturing data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Spanish 10-year government securities rose for a fifth consecutive day after better-than-expected manufacturing data release. The report showed an increase from 48.1 in May to 50 last month, whereas 50 is the dividing line between expansion and contraction. Yield on 10-year Spanish bonds decreased 8 basis points to 4.69%, while yield on similar maturity Italian bonds dropped 5 basis points to 4.5%.
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