ECONOMY

Spanish bond auction…

Greek government securities paced declines by peripheral debt in the euro region after demand in a Spanish bond auction fell yesterday. Investors demanded an extra 6.79 percentage points of yield to hold Greek 10-year debt instead of benchmark German bunds, 18 basis points more than on Wednesday. Spain sold 3.85 billion euros in bonds to mature in 2025 and 2032, less than the maximum target set by the government.

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