Mon, 30 Apr 2012 09:55:38 GMT
S&P cuts Spain's credit rating by two notches
"Once we hit the 6.5 per cent mark [in Spanish bond yields], the alarm bells will go off loudly in Brussels and more rhetoric will be coming from the European Central Bank"- Adrian Miller, a global markets strategist at GMPThe rating agency Standard & Poor's has downgraded Spain's credit rating by two notches to BBB-plus with a negative outlook from