Italian bond yields rise in the wake of the S&P downgrade. The 10 year note up 8 bps to...

|By:, SA News Editor

Italian bond yields rise in the wake of the S&P downgrade. The 10 year note up 8 bps to 5.67%, the 2 year higher by 12 bps to 4.31%. One thing downgrades often seem to assure are higher equity prices. Italian shares +1.3% after opening sharply lower.