Spain’s two-year notes rose as it sold €5.75 billion of bills, exceeding the maximum target set by the Treasury in the first auction of short-term debt this year.
Italian securities gained as the Treasury conducts a sale of a new 15-year bond via banks. German bunds advanced for a second day after a government report showed the nation’s economy expanded in 2012 at the slowest pace in three years. Spanish 10-year securities reversed...
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