TITLE

Spanish yields pass 7.5% on regional bailout fears

AUTHOR(S)
Jackson, Gary
PUB. DATE
July 2012
SOURCE
Money Marketing (Online Edition);7/23/2012, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the yield on Spanish debt reaches new highs after fears rose that other regions will follow Valencia's request to Madrid for a bailout. The 10-year Spanish government generic bond was yielding 7.525 per cent at 0956 BST this morning. The Bank of Spain estimated that its recession deepened over the last quarter, from a 0.3 per cent contraction in the first quarter to 0.4 per cent in the second.
ACCESSION #
78153384

 

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