2011-07-11bloomberg.com

"Spanish home loan-backed bonds may be a tough sell for a country with Europe's highest jobless rate, three years of falling home prices and a five-fold increase in mortgage arrears since 2007. Confidence in the nation was dealt a blow last week when Moody's Investors Service downgraded its neighbor Portugal to junk."



Comments: Be the first to add a comment

add a comment | go to forum thread