Bloomberg News

Spanish 10-Year Bonds Drop as Rajoy Says No Pressure to Seek Aid

October 19, 2012

Spanish Prime Minister Mariano Rajoy

Spanish Prime Minister Mariano Rajoy arrives for an EU summit in Brussels. Photographer: John Thys/AFP/Getty Images

Spanish 10-year bonds fell after Prime Minister Mariano Rajoy said he’s not facing pressure to seek a bailout.

The yield on the securities rose two basis points to 5.37 percent at 12:09 p.m. London time. The rate earlier slid as much as eight basis points to 5.26 percent.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net


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