Praying for progress in Spain

A trader reacts during a Spanish bond auction in Madrid yesterday as Spain fell short of its targeted amount at a triple bond auction, prompting a rise in yields on the secondary market as investors await the Government’s move to trigger European...

A trader reacts during a Spanish bond auction in Madrid yesterday as Spain fell short of its targeted amount at a triple bond auction, prompting a rise in yields on the secondary market as investors await the Government’s move to trigger European Central Bank bond-buying.

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