Spain's borrowing costs soared Tuesday in an auction of short-term debt, suggesting investors remain cautious about the country's financial future despite a convincing electoral win this week by conservatives bent on deficit-cutting austerity.
MiamiHerald.com: Business, Miami Herald: Business
Tue, 11/22/2011 - 5:27am
Spain's borrowing costs soared Tuesday in an auction of short-term debt, suggesting investors remain cautious about the country's financial future despite a convincing electoral win this week by conservatives bent on deficit-cutting austerity.