Italy's 10-year yields trades at lowest level since June

Government bonds in Italy advanced on Friday pushing the benchmark 10-year yield towards the weakest level since June amid speculation that the ECB may cut its interest rates on the next policy meeting. Italian 10-year yields decreased three basis points, or 0.03%, to 4.10% as of 1:47 p.m. in London following a drop to 4.08%, the least since June 5.