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Spanish Auction: Full Cover but High Yields – EUR/USD Bounce
Spain exceeded the target of its fund raising, and received 2.541 billion euros, just above the 1.5 – 2.5 target. On the other hand, yields continued rising: fir the closely watched 10 year bond: 2022 bond yield 5.743% (last 5.403%).The short term funding was OK in terms of yields: 2014 yield 3.463% (last 3.495%) EUR/USD rose to resistance and th



