The same concern that people

“The same concern louis vuitton handbags that people have about Spain or Italy haven’t gone away, but they just resurfaced after recent poor auctions,” said Mohit Kumar, head of European fixed-income strategy at Deutsche Bank AG in London. “Yields may have room to rise further but I see this as a correction following a rapid move down, and not a turn in sentiment.” Spain’s 10-year bond yield climbed 19 basis points, or 0.19 percentage point, this week to 5.98 percent at 5 p.m. London time yesterday. The 5.85 percent bond maturing in January 2022 dropped 1.385, or 13.85 euros per 1,000-euro ($1,308) face amount, to 99.05. Similar-maturity Italian yields increased seven basis points this week to 5.52 percent, while Portuguese yields climbed 32 basis points to 12.56 percent. Spain’s government securities slid yesterday as data showed the nation’s banks increased borrowings from the ECB by almost 50 percent in March, reaching the most on record. Average net borrowings by the companies louis vuitton wallets climbed to 227.6 billion euros from 152.4 billion euros in February, the Bank of Spain said. Italy Auction Italy’s cost of borrowing for three years rose 1.1 percentage points from a month earlier when it auctioned notes on April 12. The Treasury sold 2.88 billion euros ($3.78 billion) of the securities at 3.89 percent, up from 2.76 percent on March 14. “A good part of the current turbulence” in debt markets “is due to Spanish contagion,” Maria Cannata, head of Italy’s debt agency, told reporters in Rome on April 11. Italy’s two- year yield has increased more than classic louis vuitton sunglasses yellow 2012 new arrival discount 150 basis points during the past six weeks.