Euro News

11/17/2011 7:30 PM ET
EFE News Service / BAS / EFE Ingles
ECB intervention eases pressure on Spanish bonds
Released : Thursday, November 17, 2011 7:30 PM
Madrid, Nov 17 (EFE).- Intervention by the European Central Bank eased market pressure on Spanish debt, which ended 460 basis points above benchmark German bonds Thursday after approaching the 500 bps level.
Market jitters also forced the Spanish Treasury to pay an average yield of almost 7 percent – the highest in 14 …