By Nigel Davies MADRID (Reuters) - Spain's 10-year borrowing costs fell to their lowest level since January in an auction on Thursday, although the relief from market pressure may be short lived as Prime Minister Mariano Rajoy hesitates over seeking an international bailout. The yield on the benchmark 2022 bond fell to 5.666 percent with almost three times more offered than the amount sold. Demand was also strong for a three-year bond. The Treasury sold a total of 4.8 billion euros (3.8 billion pounds) in the bonds, above its target. Investors have been encouraged by the European Central Bank's decision to buy the debt of troubled governments such as Spain's, provided they first request help...
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