Spanish Bond Auction Will Be Panic Test For Markets And Vigilantes |
| April 19, 2012 | April 2012 Bond Updates |
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Market attention will center on Madrid on Thursday as investors brace themselves for another Spanish debt auction. After the relative calm that reigned after the ECB’s second liquidity injection and the Greek default, bond vigilantes appear to be targeting Spain once again, sending yields on their 10-year bonds back around the psychologically crucial 6% area. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/04/18/spanish-bond-auction-will-be-panic-test-for-markets-and-vigilantes/ |
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