The profitability of the Spanish bond exceeds 0.6% for the first time since May By EFE

Madrid, Oct 29 (.) .- The profitability of Spanish sovereign debt exceeds 0.6% this Friday, a level that has not been placed since May, on a day in which it has been known that inflation in the The euro area grew seven tenths in October and stood at 4.1%, according to Eurostat.

At 1 pm, the yield of the Spanish ten-year bond rose sharply, to 0.604%, from 0.515% at which the previous session closed.

The Spanish sovereign debt maintains the same trend as the German one, since the yield of its ten-year bond, known as “bund”, and considered the safest in Europe, advances to -0.98%, compared to -0.137 % of the day before.

Yesterday it was also known that inflation accelerated in Spain and Germany, while the president of the European Central Bank (ECB), Christine Lagarde, assured that prices will moderate more slowly than expected.

However, the ECB decided to keep its monetary policy unchanged.

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