Back to Italy

First it was Greece, then Ireland, then back to Greece, on to Portugal, stop in Spain, back to Ireland, on to Italy, then France, return to Greece and now back to Italy.
Italians yields jump after disappointing auction

LONDON, Oct 28 (Reuters) - Italian government bond yields extended their rise on Friday after a disappointing debt auction suggested a euro zone rescue deal had not gone far enough to restore investor appetite for Italian debt.

Italy's sale of 7.94 billion euros of government bonds met lower demand than at previous auctions and the country paid the highest premium since joining the single currency to sell 10-year debt.

"Today you've had a weak auction and yields are up ... along the curve. I think that tells you all you need to know about what the bond market's reaction to the summit is," said Brian Barry, analyst at Evolution Securities.