Italy’s 10-year borrowing costs rise slightly at auction

Italy’s borrowing costs rose slightly at the first auction for long-term debt to be settled in 2013 as thin trading and worries over the U.S. budget weighed on peripheral bonds. The Treasury sold 3 billion euros (2.4 billion pounds) of its 10-year bond paying a yield of 4.48 percent, up from 4.4…

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Italy’s 10-year borrowing costs rise slightly at auction

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