Italian bonds fall, German bunds gain on Fitch

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Source: Bloomberg
On Monday, Italian government bonds were traded lower following Fitch's downgrade of the country's sovereign debt credit rating. Yields on 10-year bonds added five basis points and were traded with a yield of 4.65% at 8:35 a.m. in London. The German 10-year bunds, on the contrary, experienced a decline in yields, which fell to 1.50% from 1.52%.

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