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
- 31 TV shows to watch in 2014
- Why atheism doesn't have the upper hand over religion
- 14 wonderful words with no English equivalent
- He said he was leaving. She ignored him.
- Attack of the invasive species
- What would a U.S.-Russia war look like?
- How Captain America won over China
- The world's dumbest idea: Taxing solar energy
- The week's best photojournalism
- How the elderly are treated around the world
Subscribe to the Week