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Spanish Yields Are Tumbling

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Spanish borrowing costs continue to fall from a euro-area record high set earlier this week

Yields on the ten-year fell approximately 30 basis points to 6.7430 percent.

Shorter-term debt has also strengthened, with yields on the two-year falling below five percent, at 4.9950 percent, and the five-year more than half a percentage point below highs set this week, at 6.1520 percent.

Below, today's two-year movements.

Spanish 2YR

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