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Further increases in Italian and Spanish bond yields make a mockery of the ECB's buying of just...

Further increases in Italian and Spanish bond yields make a mockery of the ECB's buying of just Irish and Portuguese debt. Italian 10-year bond yields hit more fresh euro-era highs, rising 0.15 percentage point to 6.35%. Those of Spain hit 6.358%. Meanwhile, the yield on gilts touches a record low of 2.59%.
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