Stocks and Dollars

Spain sold the maximum targeted amount of debt, 2.5 billion euros, during yesterday’s auction with spiking borrowing costs. The interest rate of three-year bonds rose to 4.373% from April’s figure of 2.89% while interest rate of five-year bonds surged to 5.106% from 3.374 in March. Meanwhile, yields of 10-year sovereign

Spain sold the maximum targeted amount of debt, 2.5 billion euros, during yesterday’s auction with spiking borrowing costs. The interest rate of three-year bonds rose to 4.373% from April’s figure of 2.89% while interest rate of five-year bonds surged to 5.106% from 3.374 in March. Meanwhile, yields of 10-year sovereign

Spain sold the maximum targeted amount of debt, 2.5 billion euros, during yesterday’s auction with spiking borrowing costs. The interest rate of three-year bonds rose to 4.373% from April’s figure of 2.89% while interest rate of five-year bonds surged to 5.106% from 3.374 in March. Meanwhile, yields of 10-year sovereign

Market sentiment is highly bearish across the board as Moody’s investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have impacted because Greece was already considered junk at its previous level. Safe haven USD

Market sentiment is highly bearish across the board as Moody’s investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have impacted because Greece was already considered junk at its previous level. Safe haven USD

Market sentiment is highly bearish across the board as Moody’s investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have impacted because Greece was already considered junk at its previous level. Safe haven USD

As this week has come to an end, negativity seems to be deepening in markets, where the sentiment continued to deteriorate after Fitch downgraded the Greek credit rating by one notch, while Moody’s cut the ranking of 16 Spanish banks, the thing that sent European main equities to 2012 fresh

As this week has come to an end, negativity seems to be deepening in markets, where the sentiment continued to deteriorate after Fitch downgraded the Greek credit rating by one notch, while Moody’s cut the ranking of 16 Spanish banks, the thing that sent European main equities to 2012 fresh