Spanish borrowing costs hit new high

2011-11-22 7

Spain may have a new government pledged to restoring the country's finances to health, but the Treasury on Tuesday faced a jump in yields to their highest level in 14 years for issuing short-term bonds, the first issue since Sunday's elections. Three and six-month bonds are now costing Spain more than either Portugal and Greece. ... http://www.euronews.net/

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