Spanish bond yield at six-weak on good Eurozone services data

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Source: Bloomberg
© Scanpix/Reuters
Spanish ten-year bond yields declined to the lowest level in six weeks as a 17-nation currency bloc report showed a drop in services output was smaller than expected in June, adding signs the recovery is gathering pace. Spanish 10-year bond yield advanced one basis point to 4.58% as of 1:37 p.m. in London, while Portuguese yields fell to 6.54%, down three basis points.
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