The cost of Spanish borrowing reaches record heights as European markets suffer sell-offs
The yields for Spanish 10 year bonds are well over 6% while economic growth remains slow
The yields for Spanish 10 year bonds are well over 6% while economic growth remains slow
,
Robert Casajuana warns, however, that Spain is "getting dangerously close" to offering yields of 7% for 10 year bonds, the point, according to him, "of no return"