Spanish bond yield drops below 5.0%
Paris - AFP
The Spanish cost of borrowing for 10 years fell below 5.0 percent early on Wednesday, reflecting easing tension on the eurozone bond market shortly before the ECB injects money for three years. The yield on 10-year Spanish bonds stood at 4.993 percent from 5.030 percent at the close on Tuesday. This was the first fall below 5.0 percent since October.
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