Spanish Bond Yields Rising Again

Moneybox
A blog about business and economics.
June 11 2012 11:11 AM

Spanish Bond Yields Rising Again

1339427483390

As is typical of European Union decisionmaking, the weekend bailout deal for Spanish banks had the character of a fudge that didn't do much more than kick the can down the road. But if you look at Spanish bond yields, it seems we didn't get weeks or months of extra time to think things through as a result of this, we got mere hours.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

  Slate Plus
Working
Nov. 27 2014 12:31 PM Slate’s Working Podcast: Episode 11 Transcript Read what David Plotz asked a helicopter paramedic about his workday.