Spanish 10-Year Bonds Stay Higher After Cabinet Passes Budget

Spanish 10-year government bonds stayed higher after the nation’s cabinet passed the budget.

The 10-year bond yield was four basis points lower at 5.42 percent as of 1:39 p.m. London time.

The two-year note yield dropped six basis points to 2.54 percent.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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