Italian bond yields are soaring back to their early July highs near 6% even as the nation sees...

|By:, SA News Editor

Italian bond yields are soaring back to their early July highs near 6% even as the nation sees healthy demand at today's auction of 10 year paper. "These are not sustainable levels of yields in the long run," says a strategist. Italian shares -1.2%, have bounced nearly 1% in the past hour.