Markets

Yield on 10-year Spanish bonds shoots back above 6pc

Published October 9, 2012 Updated October 9, 2012 06:54am

 

At 0628 GMT the yield on 10-year Spanish government bonds rose to 6.095 percent on the secondary market, compared to 5.714 percent at Monday's close. It had been below 6.0% percent, a level considered by many economists to be unsustainable in the long term, since September 28.

Copyright AFP (Agence France-Presse), 2012