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Spanish 10-year bond yield down to 4.098% at debt auction

FXstreet.com (Łódź) - The Spanish Tesoro Público held a long-term debt auction on Thursday during which it sold a total of 2542 million euro worth of 5- and 10- year bonds.

1486 million euros of 5-year bonds were auctioned at an average yield of 2.697%, compared with 2.722% seen at the previous auction. 1056 million euros worth of 10-year bonds, were sold at an average yield of 4.098% versus the previous 4.164%.

EUR/USD takes a breather

Following yesterday's steep decline in the wake of Fed taper move, the EUR/USD is taking a breather, consolidating just below the 1.3700 level.
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