Spanish & Italian Yields Rise –

Yields on 10 year government bonds from Spain rose above the 7% mark in trading on Monday.  Italian bond yields also increased and rose above 6%.  Italy is expected to sell three year bonds later in the week.  The rise in Spanish and Italian yields come ahead of a meeting of European finance ministers.  Yields on two year German debt are near zero after turning negative last week.

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James Sutliff

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