Wed, 27 Mar 2013 14:25:06 GMT
Italian yields grow on auction results
Italian government bonds declined on Wednesday amid rising yields on a debt auction and Democratic Party leader comments about inability to form a broad coalition. The yield on benchmark 10-year bonds added 16 basis points, reaching a level of 4.73% by 10:45 a.m. in London. Earlier, yields reached 4.74%, which was the highest level since March 18.