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2026.02.1909:40:00UTC+00Spanish 10-Year Bond Yields Ease at Latest Obligacion Auction

Yields on Spain’s benchmark 10-year Obligacion slipped at the latest auction, signaling slightly lower borrowing costs for the government. According to data updated on 19 February 2026, the yield declined to 3.167%, down from the previous level of 3.223%.

The move suggests a modest improvement in market conditions for Spanish sovereign debt, with investors accepting a lower return to hold the country’s long-term bonds. While the change is incremental, it may reflect a combination of steady demand for Spanish paper and a supportive backdrop in the broader euro-area bond market.

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