(Bloomberg) — Spain’s growing list of risks is starting to make investors nervous.The nation’s debt is lagging a regional rally that has driven the rate on Italian bonds — long regarded as the pariah of Europe and among the highest yielding — close to a record low. That’s narrowed the gap between Spanish and Italian yields to the smallest in more than two years.Citigroup Inc. this month recommended selling Spanish bonds versus their Portuguese peers, citing growing fiscal worries, renewed separatist tensions in the region of Catalonia, and the prospect of a credit downgrade after S&P Global Ratings cut the …read more
Source:: Yahoo Finance
