Scotland's Scaring Catalan Bonds

Catalonia's bonds are telling us that there's a non-negligible risk that in not many weeks, Spain might find itself in a similar position to the U.K., facing a break-up of its nation. 
The men who would be kings of Catalonia.

Spanish foreign minister Jose Manuel Garcia-Margallo weighed in on the Scottish referendum today, telling his fellow parliamentarians in Madrid that "secession would be a catastrophe for Scotland." What he means is that independence for Scotland would accelerate the momentum in his own country foran independent Catalonia.

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