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Investors increase pressure on Spain to seek aid

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By Julien Toyer and Paul Day MADRID (Reuters) - Investors on Tuesday piled pressure on Spain to request aid and trigger a European Central Bank bond-buying programme seen as inevitable to help the country finance its debts, with the benchmark 10-year bond rising to just over 6 percent. Short-term lending costs fell slightly from last month but remained high at auction on Tuesday, offering little hope the country can finance itself at reasonable levels without seeking assistance. The blue-chip Spanish index Ibex had lost 1.57 percent by 11:45 a.m. British time, ending a two-week rally after the ECB said it was ready to help distressed euro zone countries. Spain is at the centre of the euro...

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