TITLE

Spain Fails To Quell Debt Fears

AUTHOR(S)
Investor's Business Daily
PUB. DATE
April 2012
SOURCE
Investors Business Daily;4/16/2012, pB02
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
4.� �The gov't announced additional austerity, this time aimed at health care spending, as it continues to tackle debt concerns. But investors still demanded higher Spanish debt yields as they soured on the banking sector's health and odds that regional gov'ts will rein in spending. Hints that the ECB may buy Spanish debt briefly lowered bond yields, but they shot back up on reports the country's banks increased reliance on ECB loans.
ACCESSION #
74245705

 

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