After surging to record highs yesterday, Spanish bonds steadied amid unconfirmed reports that the European Central Bank was buying the debt of both Spain and Italy.
Ten-year Spanish bond yields initially extended their surge yesterday by another five basis points to 6.75 percent, but have since fallen back to 6.68 per cent.
The yield on Italian ten-year bonds has also dropped to 6.69 per cent.
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
Unlimited Access for 2 Years
Get a Business Account for you and your team