The profitability of six- and 12-month notes moved away from 3% in the new auction with strong cuts

Treasury Bills' profitability took another hit. Today, in a new auction in which the Treasury has placed 4,791 million euros in six- and twelve-month notes, at the lower end of the range between 4,500 and 5,500 million euros initially envisaged, interest in both references has increased significantly cut and now moving away from the 3% zone.

At very high speed, even faster than experts predicted, the yield offered by short-term Spanish sovereign debt is declining for sound monetary easing by the European Central Bank (ECB). In this new color