Spain in the spotlight, but will there be a Euro break-up?

17th April 2012

Spain's pain has re-emerged as reason to rattle investors, as austerity is deepening its recession, and foreign investors are shunning its debt. Italian and Portuguese government bonds also continue to be affected by negative sentiment.

A spokesman for Henderson says: "In the last week, yields on Spain's government bonds have once again climbed above 6%, despite the recent announcement of austerity measures designed to bring Spain's budget deficit down by 3.2% in 2012.

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