Italy yields hit June 2015 levels at auction as referendum looms

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Italy yields hit June 2015 levels at auction as referendum looms

Matteo Renzi
Italian Premier Matteo Renzi answers reporters' questions during a press conference in Rome, Monday, May 26, 2014. In Italy the main government party, the Democrats led by Premier Matteo Renzi, had beaten off a challenge by the anti-euro 5-Star Movement of comic Beppe Grillo. The center-left Democrats won 40,8 percent, while Grillo's anti-establishment movement garnered 21,1 percent. (AP Photo/Alessandra Tarantino) | Alessandra Tarantino/AP/Press Association Images

Italy’s bond yields hit their highest levels at auction since June 2015 at the country’s final bond sale before Sunday's constitutional reform referendum that could lead to the resignation of prime minister Matteo Renzi.

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