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Spanish bond yields are under increased pressure after ratings firm Egan Jones downgraded the...

Spanish bond yields are under increased pressure after ratings firm Egan Jones downgraded the country's debt yesterday to B from BB- with a negative outlook, pushing Spanish debt further into junk status. Moody's, Fitch and S&P still rate Spanish debt as investment grade. 10-yr yield +7 bps to 6.483%. (also: Bankia woes, Ordonez departure)
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