Italy’s Bonds Advance for Second Day as Borrowing Costs Fall

Italian 10-year government bonds advanced for a second day as borrowing costs fell as the nation sold 5 billion euros ($6.4 billion) of debt. Italy auctioned 3.5 billion euros of notes due in 2015 and a total of 1.5 billion euros of 2023 and 2029 bonds, the latter being the longest maturity the …

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Italy’s Bonds Advance for Second Day as Borrowing Costs Fall