The stock market is weak, the grim situation currently facing the euro zone's fourth largest economy, Spain. After multiple autonomous region has been rumored about to seek assistance from the central government, Spain has come to the edge to apply for comprehensive assistance to the EU.
 
Monday, 10-year bond yields in Spain was 7.5%, a new record, and far more than 7% of the risk of cordon. The Spanish government bonds, credit default swaps (CDS) rose to a record high, indicating that the investors of the country increased concerns about breach of contract.
 
Spain, another danger signal is the soaring of the short-term bond yields. On Tuesday, the 5-year bond yields in Spain more than 10-year bonds for the first time. The cost of long-term bonds surged recently, Spain have chosen focus on issuing short-term treasury bonds. But the short bond yields soaring, indicating that this strategy will be hobbled. Tuesday, Spain issued a group of 3 months and 6 months of short-term debt rate of return than the previous continue to rise.
 
Spain will seek a comprehensive assistance speculation gradually heated up. Tuesday, local media reported that if the ECB does not restore to buy Spanish government bonds to push down the country's financing costs, the Spanish government will consider applying for full relief, in order to fulfill the rest of the year's debt service obligations.
 
The report said that the Spanish government bonds remain under pressure, the Treasury lost market financing channels, then Spain will not be able to cope with the huge debt of nearly ? 28 billion will expire in October. However, the Spanish official still denied will seek assistance.
It is reported that the Spanish economy minister Dejinduosi Tuesday to visit Germany, and met with German Finance Minister Schaeuble. Some analysts believe that Dejinduosi will do my best to convince the German side to put pressure on the ECB, so that the latter shot to buy the Spanish government bonds.
 
In Greece, the "troika" consisting of assessment team official on Tuesday to return to Athens, to assess whether the country are eligible for more aid loans. It is said that the international creditors may have to issue a bridging loan to Greece, the country to pay 2.3 billion euros of debt due by the end of August. However, the EU spokesman said on Monday, September can not be funded by Greece's Next loans to make a decision.
 



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