Spanish 10-year bond yields at highest level since mid-2015

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this spanish bonus With a maturity of 10 years, this Thursday reached its highest yield In secondary debt markets since mid-2015 exceeding 2.3%, thus maintaining the upstream path recorded for several days.

Spanish bonds were up 2,302% at opening this Thursday.Compared to 2.304 percent observed at Wednesday’s close. However, during the session, it started a series of rallies towards the middle of the session that carried the bond to a maximum intraday yield of 3.356%.

The recovery occurred on the day it was learned that the number of unemployed registered with public employment services offices fell by 99,512 (-3.3%), bringing the total number of unemployed to less than 3 million. for the first time since the financial crisis began in late 2008. Social Security recorded its best May since 2018, gaining 213,643 members.

On his part, the Public Treasury is due this Thursday. 4,761.83 million euros, in the expected average rangeIt did so by offering investors higher returns for the references that were tendered in the first issue of June, with the 10-year bond’s interest rate exceeding 2.1%.

Regarding the ‘Bund’, the ten-year German bond, started the session slightly lower with an opening yield of 1.185 percent compared to Wednesday’s 1.187 percent. It reached the intraday maximum of 1.227% towards the half session.

Thus, the risk premium offered to investors for 10-year Spanish debt compared to German bonds with the same maturity amounted to 111.9 basis points at the opening. The difference reached a maximum of 113.2 integers towards the middle of the session.

On its part, Italian 10-year debt saw a maximum return of 3.271% this Thursday, compared to 3.204% at Wednesday close; Portuguese bonds rose to 2,393% after closing yesterday from 2,337%; and Greeks were trading on the secondary markets with returns of 3,719% after closing Wednesday at 3,658%.

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