European shares open broadly lower on uncertainty about whether Spain will ask for a bailout -...
European shares open broadly lower on uncertainty about whether Spain will ask for a bailout - although Madrid investors seem to be less concerned - while Moody's has yet to say whether it will cut the country's debt to junk status. An announcement had been expected yesterday. Euro Stoxx 50 -0.1%, London -0.3%, Paris -0.3%, Frankfurt -0.1%, Milan flat, Madrid +0.2%. Spanish 10-year bond yields -7 bps to 5.82%.
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