The amount of interest that Spain had to pay fell at its latest short-term debt auction on Tuesday.<br /><br />That implies investors believe the European Central Bank will intervene on bond markets to help Madrid borrow at more affordable rates.<br /><br />But the lack of detail over when and how the Bank could act meant the interest rates - or yields - remained punishingly high.<br /><br />...<br />http://www.euronews.net/
