Wed, 25 Jul 2012 09:48:34 GMT
Spain's borrowing costs unjustified
German Finance Minister and Spanish Economy Minister argue that the Spanish bond yields do not correspond to the current state of Spain's economy. However, the statements of ministers have not calmed markets as Spanish securities continue to rise for 10 consecutive days. 2-year bond yield soared to 7.09%, breaking 7% level for the first time. 5-year climbed to 7.74%, while