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...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team