Ay, que es un alto rendimiento
The Spanish Treasury Thursday paid the highest yield on a 10-year
government bond at auction since the inception of the euro but garnered
enough demand to sell EUR3.563 billion of the bonds (the plan was EUR4 bil). The maximum yield
paid for the 10-year bond, which matures January 2022, was 7.088%, a
euro-era high.
This is my effort to help fit the pieces together to get a better picture of the capital markets.
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”
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