Stocks rebound as Italian risk fades slightly

Hopes that Italy might avoid a potentially damaging general election lifted European markets on Wednesday, bringing Italian bond yields off multi-year highs and dampening some of the recent buying interest for German and U.S. government bonds.The recovery was partly driven by news that Italy's two anti-establishment parties were renewing efforts to form a government, rather than force the country to the polls for the second time this year."(The auction) clearly indicates that investors still hav