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Spain Crisis Worsens As Bond Yields Rise

Tuesday, 24 Jul 2012 | 4:30 AM ET

Spanish economy minister, Luis de Guindos said yesterday that Spain would absolutely not need a full bailout but bond yields continue to edge higher. Sara Perez-Frutos, partner & director at Dracon Partners, told CNBC, "At the beginning of the session the market was supporting Mr de Guindos but now we are again in red numbers."