(Reuters) – Spanish bond yields hit a new euro-era high above seven percent and Italian yields jumped on Monday as initial relief after a pro-bailout…
Telegraph.co.ukEURO GOVT-Worries over banks, funding costs hit Spanish bondsReuters* Bund futures hit record highs; Spanish yields up * Concerns revolve around Spain's banks and funding costs * Some investors take profit on Bunds By Marius Zaharia …
German government bonds dropped after the nation missed its maximum sales target at a bund auction by 35 percent, sending the euro lower and 10-year yields higher than comparable U.S. Treasuries.
“This auction is nothing short of a disaster for Germ…