Italian debt - which rallied sharply after a bond auction in which yields were high but the...

|By:, SA News Editor

Italian debt - which rallied sharply after a bond auction in which yields were high but the paper got sold - falters again as yields move higher over the past minutes. Ten year BTPs are 12 bps north on the day at 7.35%,  still well below the 7.56% yield produced at the auction.