Spanish 10-year bond yields above 4% for first time in nine years
The Spanish bond maturing in ten years exceeds 4% for the first time since January 2014 and pushes the entire Spanish debt curve in the longer maturities. In fact, all sovereign debt over ten years is already above 4%. The new high seen in Spanish debt coincides with the publication of new inflation data in Spain. The consumer price index (CPI) jumped to 3.5% in September, two tenths more than…
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