Wednesday November 25, 2020

Market Week

Your guide to what's going on in the stock markets.

16th June, 2012

The big story

The half-life of eurozone relief rallies gets shorter all the time. The proposed bailout of Spanish banks bought about a four-hour boost last Monday before investors began to suspect that the structure of the €100 billion support would subordinate existing holders of Spanish debt. As details on the Spanish proposals trickled out, fears of government funding problems persisted. By the end of the week yields on Spanish ten-year bonds topped 7 per...

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