Spain Bond Yields Rise Above 7% –

Yields rose for Spanish bonds and traded above 7% on Monday.  The Euro also came under pressure and traded below $1.26 after rising in early trading.  The Euro also fell in trading against the Japanese Yen.  Election results in Greece worked to support a brief rally for the Euro before pulling back later in the trading day.

To read a related MarketWatch article, please click here:

http://articles.marketwatch.com/2012-06-18/markets/32279993_1_austerity-and-structural-reform-euro-zone-banking-sector

James Sutliff

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