Italian bond yields are on the rise after the country sells €2.98B of 10 year notes priced to...

|By:, SA News Editor

Italian bond yields are on the rise after the country sells €2.98B of 10 year notes priced to yield 6.06%, up from 5.86% last month. Its the highest yield since Italy joined the euro. A reminder: Auctions require real buyers as the ECB is only allowed to participate in the secondary market.