Yields on 10-year Spanish bonds plunge 31 bps to 6.63% after touching 7% yesterday and those of...

|By:, SA News Editor

Yields on 10-year Spanish bonds plunge 31 bps to 6.63% after touching 7% yesterday and those of Italy dive 22 bps to 5.98% following the EU summit breakthrough. Shares in Madrid are +2.5% as banks have a party, with BBVA (BBVA) +5.5%, Banco Santander (SAN) +3.6%, and CaixaBank (CAIXY.PK) +2%. Milan stocks are +2.6%