Spanish and Italian bonds fall
Spanish bonds fell, reversing an advance, amid speculation that Spain's request for as much as €100bn of aid for its banks won’t be enough to stop the debt crisis from spreading.
Spanish bonds fell, reversing an advance, amid speculation that the nation’s request for as much as €100 billion of aid for its banks won’t be enough to stop Europe’s debt crisis from spreading.
Ten-year Spanish yields climbed for a second day on concern that investors holding the securities may rank behind official creditors in the queue for payment following the bailout.
Italian 10-year bond yields rose to the highest...
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