Matteo Cominetta

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Low yields, high deposits let Spain stave off aid pangs:UBS

UBS economist Matteo Cominetta explains to CNBC-TV18 that low ten-year bond yields and the recovery of bank deposits after the huge drop in July have reduced the pressure on Spanish Prime Minister Rajoy to sign the request for aid.

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Matteo Cominetta

Low yields, high deposits let Spain stave off aid pangs:UBS