1191 days ago • Posted by William Ramstein
Spread between German and Spanish bonds diminishes
According to The Financial Times, ''The record demand for the Spanish bond underscores the strong start to the year for bonds in the euro area’s so-called periphery, its riskier sovereign borrowers, against a broader sell-off in fixed income markets. Spain’s 10-year spread — the additional yield demanded by investors to hold Spanish debt rather than its ultra-safe German equivalent — earlier this week hit its lowest level since before the region’s debt crisis a decade ago, reaching just below 0.55 percentage points.'' @TommyStubbington
