Spanish bonds climb amid bailout speculation

Spain’s bonds led gains among the government securities of Europe’s most-indebted nations amid speculation the country is poised to ask for a sovereign bailout.

12th October, 2012
Spanish bonds climb amid bailout speculation
Spanish bonds rising on bailout speculation

Spain’s bonds led gains among the government securities of Europe’s most-indebted nations amid speculation the country is poised to ask for a sovereign bailout that will trigger European Central Bank purchases of its debt.

The advance pushed 10-year Spanish yields to the lowest levels in almost a month. The rate on Italy’s two-year notes fell the most in more than a week after German Finance Minister Wolfgang Schaeuble said Europe has...

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