“Spanish 10-year government bonds fell, paring the biggest monthly drop in yields this year, before the nation reveals the results of stress tests on its banks as it seeks to avoid a full financial bailout.
The declines pushed the yield above 6 percent for the third day. German bunds extended their longest run of quarterly gains since 1998 even as a report showed euro-area inflation unexpectedly accelerated in September. French bonds headed for a weekly advance as President Francois Hollande’s government delivered its budget. Moody’s Investors Service may announce a review of Spain’s credit rating.”
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