Germany had a much better time of it than Italy in its bond auction, selling €4.18B...

|By:, SA News Editor

Germany had a much better time of it than Italy in its bond auction, selling €4.18B ($5.45B) in two-year notes for an average yield of 0.29%. The auction was covered 1.4 times. Meanwhile, France has cancelled its its last auction of the year, which was scheduled for Dec. 27.