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Markets indicate ECB bond plan will go through: StanChart

Manpreet Gill of Standard Chartered says the bond markets are indicating that bond purchases will be made. The yield on Spain‘s 10-year benchmark bond fell one basis point to 5.8 percent yesterday in Madrid, compared with an intraday record of 7.75 percent on July 25, a day after Spain signed a document fixing the conditions for the bank aid.

first published: Oct 17, 2012 02:55 pm

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