Sunday November 29, 2020

Spanish notes rise again after debt auction

Spain’s two-year notes advanced for a third day as the nation raised its maximum target at a sale of securities due in October 2014 and January 2022.

19th April, 2012
2
The Spanish debt auction "wasn’t as bad as could have been expected,” said one analyst.

Spain’s two-year notes advanced for a third day as the nation raised its maximum target at a sale of securities due in October 2014 and January 2022.

German bunds were little changed before a report that economists said will show US sales of previously owned homes increased in March, sapping demand for safer assets. France’s bonds slipped after it sold conventional and index-linked debt.

Spanish 10-year yields held above rates seen in the...

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