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Spain's Bonds Shoot to Scary Heights

But markets overall calmer amidst hopes of further rescue

By Kevin Spak,  Newser Staff

Posted Jun 19, 2012 9:55 AM CDT

(Newser) – The Spanish Treasury sold $3 billion in 12-month bonds today, but the price was, in the words of one economist, "brutal." The government was forced to pay a whopping 5.074% yield, up from 2.985% just last month, the New York Times...   Read full story »

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