Spanish ten-year bonds hit 7 per cent

Level seen as psychologically important

By Alex Hern Published 14 June 2012
Spain's flag. Photograph: Getty Images
Spain's flag. Photograph: Getty Images

Spanish ten-year bond yields have just gone above 7 per cent, a level often touted as psychologically important. The news follows last night's double downgrade of Spanish debt, as Moody's downgraded the country to one level above junk.

Chart via FT alphaville:

Tags: Eurocrisis  Spain    

 
 

2 comments

Eddy S's picture

Sat, 2012-06-16 16:48 — Eddy S (not verified)

higher debts equal higher interest rates. smell the coffee everyone, once the world gets back to normality in a decade, hold governments to account preventing them from running deficits in good times.

seangallen's picture

Fri, 2012-06-15 19:02 — seangallen

Spanish ten-year bond?

Дезинфекция

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