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Spanish bond yields drop as Catalonia eschews formal independence declaration
October 11, 2017 / 6:23 AM / 6 days ago

Spanish bond yields drop as Catalonia eschews formal independence declaration

LONDON, Oct 11 (Reuters) - Spain’s government bond yields dropped 5 basis points in early trade on Wednesday after Catalonia’s leader baulked at making a formal declaration of independence from Spain overnight.

Spain’s 10-year government bond yield dropped 5 basis points in early trade to 1.64 percent, according to Tradeweb data.

The gap between Spanish and German 10-year government bond yield narrowed 7 bps to 118 bps (Reporting by Abhinav Ramnarayan, Edited by Karin Strohecker)

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