Spain 10-y Yields Rise Over 6%

What is next, another unelected ECB or EU official to take the Prime Minister Spot in Spain?

Bloomberg reports today that Spanish 10-year bonds fell pushing the yield on the securities to more than 6 percent for the first time since Aug. 5.  The yield on the 10-year debt climbed 0.17% to 6.02% today.

"It’s the first occasion the rate has reached 6 percent since before the European Central Bank was said to resume its purchases of government debt, including buying Spanish and Italian securities, on Aug. 8.

The Italian 10-year bond yield rose 20 basis points to 6.65 percent. It reached a euro-era record 7.48 percent on Nov. 9."