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Europe Daily Bulletin No. 10590

6 April 2012
ECONOMY - FINANCE - BUSINESS / (ae) spain
New hike in Spanish yield rates

Brussels, 05/04/2012 (Agence Europe) - As an illustration of the fact that Spain's economy is of concern to the money markets despite the strict austerity measures set out in the country's budget for 2012, the interest rates charged on Spain's ten-year debt rose again on Thursday 5 April 2012 to just below 6%, the level last seen in December ahead of the European Central Bank's first LTRO (mass injection of cash into European banking system). Similar concerns have also led to a hike in...

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