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Spreads to the German Bund narrow 15-20 basis points as Spain and Italy complete debt auctions....

Spreads to the German Bund narrow 15-20 basis points as Spain and Italy complete debt auctions. After a moonshot of more than 5% yesterday, Spanish stocks surge again, while the rest of Europe is flattish. Santander (STD) +3.87% and (BBVA) +5.74% in Madrid. Spain +1.74%. Stoxx 50 -0.23%.
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