Spain 10-Year Yield Rises to 6.5%, Biggest Increase in a Month

Spain’s government bonds slumped, pushing the 10-year bond yield up 28 basis points to 6.50 percent at 4:16 p.m. London time. That’s the biggest intraday gain since May 14.

Two-year Spanish note yields climbed 25 basis points to 4.53 percent.