Spain sells €4.5B of 3 and 5 year paper, with the 5 year priced to yield 4.85% vs. 4.49% at last...

|By:, SA News Editor

Spain sells €4.5B of 3 and 5 year paper, with the 5 year priced to yield 4.85% vs. 4.49% at last month's auction. In the secondary market, Spanish yields rose sharply along with Italy and France, but have since fallen right back amidst rumored ECB purchases.