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Spain faces an important test today with its planned auction of 12-month and 18-month treasury...

  • Tuesday, April 17, 2012, 3:32 AM ET
    Spain faces an important test today with its planned auction of 12-month and 18-month treasury bills; Spain suffered weak demand at a bond sale earlier this month, and yesterday the yield on its 10-year bonds rose above 6% while the 5-year CDS spread widened to 523 bps.
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