Yields soar on Spanish bonds

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MADRID : Spain was forced to offer sharply higher returns on Tuesday to sell 4.45 billion euros ($6.32 billion) in gov

Abdul Ahad 19 Jul, 2011

On the 12-month bonds, the average rate or yield soared to 3.702 percent from 2.695 percent at the last such auction on June 14.

For 18-month bonds, the yield was up to 3.912 percent from 3.26 percent.

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