day after Spain formally requested aid for its banks from its fellow eurozone members, the country's short-term debt costs nearly tripled. In a pair of short term-auctions Tuesday, the Treasury sold 3.1 billion euros ($3.9 billion) in two maturities, paying a 2.363 percent yield on a 3-month bill, up from .846 percent in May. The yield on a 6-month bill also rose steeply, from 1.7 percent in May to 3.24 percent.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 7 ways to be the most interesting person in any room
- Why is American internet so slow?
- What would a U.S.-Russia war look like?
- What the collapse of the Ming Dynasty can tell us about American decline
- Who are the real gay marriage bigots?
- 22 TV shows to watch in 2014
- Ukraine's fraught relationship with Russia: A brief history
- Sorry Belle Knox, porn still oppresses women
- 10 things you need to know today: March 9, 2014
Subscribe to the Week