Description: Sky-high borrowing costs and a lack of investor confidence may contribute to pushing Spain closer to a bailout.

Source: CNNMoney.com – video report

Date: June 14, 2012

Link: http://money.cnn.com/video/markets/2012/06/14/mkts-spain-10-year-bonds.cnnmoney/

Questions for Discussion:

• What is the significance of the 7% bond yield for Spain, for Europe, and for investors?
• What should investors do under these conditions?