Re Spanish yield.. Stating the obvious, do not need to be told. Same applies to general market "insights" by unispiring blogger/financial journalist contributors. Hope they do not get paid for such stuff. This site offers very little hard info these days other than decent analysis of new ORB bonds. New issues, admittedly mostly institutionally targetted, such as yesterday's TfL, or pipeline of Strabag etc. due next week, do not even get a mention.