A 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
- How the South's ugly racial history is haunting ObamaCare
- The real story behind Deliver Us From Evil
- 43 TV shows to watch in 2014
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- What if Leo Strauss was right?
- If Democrats abandon immigration reform after Tuesday's likely loss, they will turn 2016 into a debacle
- Feast your eyes on this beautiful linguistic family tree
- 6 things the happiest families all have in common
- The culture war finally comes to the Catholic Church
- Beware of Splenda: The backlash against artificial sugars
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