Thu, 11 Apr 2013
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Morningstar Spain's Fernando Luque explains the reaction in Madrid to news of a bank bailout , further problems facing European governments, and a potential outcome for the eurozone.
Germany is hitting negative sovereign yields, while Spanish regions and banks seek financial assistance from their parent country, which needs a bailout of its own.
The market was a selective shopper this week, latching onto the notion of more stimulus, but hesitating to buy into the Spanish bank bailout and cutbacks at Nokia.
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