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