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Spanish bond prices continue to tumble after the 4-day Easter break, the yield on the 10-year...

Spanish bond prices continue to tumble after the 4-day Easter break, the yield on the 10-year note +17 bps to 5.93%, the highest level since early December. The 2-year yield +21 bps to 3.19%, even with the ECB offering banks near-free funding for 3 years to hold it. Banco Santander (STD) -3.9% premarket. Madrid -1.4%.
Comments (3)
  • russellb73
    , contributor
    Comments (403) | Send Message
     
    STD is ex-div today...that is at least partially why 3.9% drop
    10 Apr 2012, 07:34 AM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    The bond yields are a canary in the coal mine.
    10 Apr 2012, 11:11 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    And probably going much higher yet.
    10 Apr 2012, 01:00 PM Reply Like
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