Spain 10-Year Government Bond Yield

Spain 10-Year Government Bond Yield rose by 0.043% on Friday October 24, trading at 3.16% with a weekly gain of 0.05% and monthly loss of 0.14%. Spain's 10-Year Government Bond Yield was influenced by a rise in September inflation to 2.9%, the highest in seven months, primarily due to energy prices. Concurrently sovereign rating upgrades from Moody's and Fitch, attributed to an improving economy and labor market, typically support bond prices. Additionally, the European Central Bank's rate cut signals a move towards more accommodative monetary policy, affecting bond yields. Its 52-week high was 3.574 %, while its 52-week low was 2.729 %.