Spanish bond yields this morning: the 10-year +11 bps to 5.44%, up from 4.83% at the start of...

|By:, SA News Editor

Spanish bond yields this morning: the 10-year +11 bps to 5.44%, up from 4.83% at the start of the month, and near a 2012 high. The 2-year at 2.55% is performing much better, but this is essentially being sat on by the ECB, whose LTRO money was plowed into this paper by Spain's banks. Shares in Madrid -1.1%.