Why Spanish bond yield spike may not herald disaster for eurozone

clock

Investors have suggested the eurozone crisis has not yet reached another critical stage, despite a €100bn bailout of Spanish banks failing to prevent the country's borrowing costs reaching record highs last week.

With markets underwhelmed by the bailout package and Moody’s downgrading Spain’s credit rating to one notch above junk, Spanish 10-year government bond yields hit a euro-era record of 7% last Thurs...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

M&G private credit LTAF receives regulatory approval

M&G private credit LTAF receives regulatory approval

LTAF will be first fund under its LTAF umbrella and will target UK DC market

Martin Richmond
clock 10 March 2025 • 1 min read
Partner Insight: LDI differentiator - the holding of third-party funds

Partner Insight: LDI differentiator - the holding of third-party funds

Over the coming months Columbia Threadneedle Investments will publish a mini-series of short articles that will shed light on overlooked but important factors to think about when structuring your LDI portfolio framework. First up is the integration of...

Adil Gulamali and Simon Bentley, Columbia Threadneedle Investments
clock 10 March 2025 • 4 min read
Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Development site in Deansgate expected to provide 494 rental homes in city centre

Martin Richmond
clock 06 March 2025 • 2 min read
Trustpilot