italian 10 year bond rose 1 november 2011

italian 10 year bond rose 1 november 2011 : The yield on 10-year Italian governemnt bonds IT:10YR_ITA +3.61% continued to soar Tuesday as fears mounted over the ability of European authorities to contain the euro zone's debt crisis a day after Greece unexpectedly announced a referendum on the latest bailout plan.

The 10-year yield topped 6.30% and remained nearly 30 basis points higher at 6.29% in recent action, according to FactSet Research data. Meanwhile, a flight to safety sent German 10-year bund yields DE:10YR_GER -11.03% tumbling by 23 basis points to 1.79%. Bond yields move in the opposite direction of prices. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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