Spanish bonds and stocks slumped to multi-month lows as fallout from the Catalonian referendum continued to reverberate around markets.
The yield on benchmark 10-year notes rose to the highest in almost three months, while the nation’s stocks fell the most in Europe on news that Catalonia’s leader Carles Puigdemont would release a statement at 9 p.m. CET. Spanish Premier Mariano Rajoy has said his government won’t acknowledge any move toward independence by the region.
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