New Uneasiness About European Public Finances

June 16, 2010

Officials denied market rumors of a big aid package being forged for Spain.  German 10-year bund yields rose 3 basis points, and spreads of Spanish, Portuguese, and Greek sovereign debt yields above bunds have widened to 219, 295, and 651 basis points. The dollar advanced 0.3% against the euro and yen, 0.2% against the Canadian [...]

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