Tue, 06 Aug 2013 15:56:06 GMT
Italian and Spanish bonds climb after German data
Spanish and Italian government bonds advanced as factory orders increased in Germany, the Eurozone's biggest economy, boosting demand for higher-return assets. Italian ten-year bond yield dropped two basis points to 4.25% as of 3:41 p.m. in London, while yield on similar maturity Spanish bonds also fell two basis points to 4.57%.