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
- After Ferguson: Stop deferring to the cops
- Ferguson riots were terrible — but this racist reaction was worse
- 43 TV shows to watch in 2014
- Why the poor can't catch a break on Thanksgiving
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
- 7 grammar rules you really should pay attention to
- Don't argue about politics this Thanksgiving. Just don't.
- Is it now OK to have sex with animals?
- In Ferguson, Michael Brown lost his life — and America's police lost the benefit of the doubt
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