Spain’s bond yields rose again as it became clearer that the country cannot survive without a huge financial bailout costing hundreds of billions of dollars. Today’s auction of April 2014 ... Read Full Story »
Yields on 10-year Spanish bonds rose 27 basis points today to 6.80%, an all-time high. The country’s main stock exchange, the IBEX fell 1% and the Stoxx Europe 600 fell ... Read Full Story »
Spain’s bond yields are no longer sustainable. Its government sold 10-year notes at 6.652%, up 19 basis points from the last auction. The deep financial troubles of its banks, a ... Read Full Story »