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Spanish 10-yr yields close to pre-summit levels

From reuters.com

Ten-year Spanish government bond yields rose on Friday, returning to levels seen before euro zone leaders last week announced a raft of measures to try and stem the region's debt crisis. Yields touched 6.90 percent in early trading, around their closing levels of June 28, having reversed the 70-plus basis point fall seen after leaders took steps intended to stabilise bond markets. Yields had briefly touched 7 percent earlier that day, before the two-day summit began. Details of agreements reached by leaders were announced in the early hours of last Friday morning. Italian 10-year yields were 4.5 basis points higher ... (full story)

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