Spanish bond yields widened just 4 basis points after last night’s election result from Catalonia; Italy also widened 4 bps, and Portugal by 9 bps. The Spanish stock market was down 1.3% led by banks (with Caixabank and Sabadall down by 3.45% and 3% respectively, the penalty for having Catalan headquarters). Santander was down 1.7% […]
