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Spain Bonds Stay Higher as Rajoy Says Aid Request Not Imminent

Spanish government bonds stayed higher after Prime Minister Mariano Rajoy said he has no plans to request a bailout for the nation in the near term.

Spain’s 10-year yields fell 13 basis points, or 0.13 percentage point, to 5.75 percent at 4:46 p.m. London time, while the country’s two-year note yields declined 14 basis points to 3.18 percent.

Asked at a press conference in Madrid today if a bailout request was imminent, Rajoy said, “No.”

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