Spain Is Now Making A Gigantic Move -- Up 4%

Spanish equities are exploding higher today, up 4 per cent.

That’s after a four-and-a-half-hour trading glitch culled trading earlier today.

This trend coincides with a sharp drop in yields on shorter term Spanish debt, which are down nearly 50 basis points today.

Take a look at the IBEX 35:

ibex 35

Photo: Bloomberg

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