Yields decline as Spain and France auction bonds

Note: This section contains information in English only.
Source: Bloomberg
Borrowing costs dropped on Thursday as Spain and France successfully sold their sovereign bonds. France auctioned 7.97 bn Euros of debt, almost as much as it had planned. The average yield for French two-year notes slid from 1.58% in October to 1.05%. Spain managed to sell 6.61 bn Euros of notes with different maturities, almost 2 bn Euros more than the country had planned. Yields on 10-year Spanish bill declined from 6.975% to 5.403%. It was the first auction for medium and long-run debt since S&P downgraded ratings of these countries. 
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