The Spanish bond exceeds 1.9%, maximum since 2015, by the ECB and the Fed

(Updates the EC5146 with the data at the close of the market)

Madrid, Apr 22 (.).- The ten-year Spanish debt yield exceeded 1.9% this Friday in the secondary market, after the Federal Reserve (Fed) said that it is possible that next week it will rise interest rates half a point.

According to data from Bloomberg consulted by Efe, the interest rate on the Spanish ten-year bond has advanced by a little more than three basic points and has ended at 1.931%, a level not reached since November 2015.

Sovereign bond yields have been rising since the start of the year on expectations that major central banks will raise interest rates to contain high inflation.

The Bank of England has already raised them twice and the Fed, which raised them a quarter point in March, has advanced that it plans to raise them several times in 2022.

Yesterday the president of the Fed, Jerome Powell, said already with the market in Europe closed that, at the organization’s meeting next week, “a rise of 0.5 points is on the table”.

Powell’s words come after the vice president of the European Central Bank (ECB), Luis de Guindos, did not close the door on raising rates in the eurozone in July.

De Guindos said in an interview with the Bloomberg agency that “theoretically anything is possible” when asked if a rise in interest rates is possible in July.

After the declarations of the person in charge of the BCE, the sovereign debt of the countries of the eurozone rose strongly yesterday and the Spanish bond closed with an increase of 10 basic points.

This morning the debt of the countries that share the euro has also started with increases that have subsequently moderated and at this time they are trading practically at the same point at which they closed yesterday.

The ten-year German bond yield, considered the safest, has also risen and ended at 0.938%, a level not reached since June 2015.

As for peripheral countries, Greece’s debt exceeds 2.9% and Italy’s 2.6%, while Cyprus’s is above 2.2% and Portugal’s is at 1 .98%, slightly above the Spanish.