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Spain is a Long-Term Bet
By Mary Posey - May 4, 2012 | Tickers: BBVA, EWP, IST
Despite its current economic position the Spanish market offers potential in long-term value. Its standing in the international community has taken some blows recently, but Spain is adhering to strict austerity measures in an effort to reign in its budget deficit. Spain's austerity measures are aimed at corporations as opposed to consumers, which is encouraging to many economists.
The yield on 10-year government bonds recently climbed to 5.87 more »