Another Look at Who has Been Buying Spanish Debt

Spain’s 10-year bond yield has fallen 108 bp this year. Just above 4%, the yield is the lowest Q4 2010. The 2-year yield has fallen 93 bp this year. The yield is slipping through 1.70%, for the first time Q2 2010. Recent data suggested that Spanish banks have been the featured buyers of Spanish…

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Another Look at Who has Been Buying Spanish Debt