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The price of benchmark bonds also fell.
Yields on many euro zone benchmark bonds, which move in the opposite direction of prices, rose.
Less than two years ago, Spanish yields on 10-year benchmark bonds were above 7%.
In contrast, Malaysia's benchmark bonds are trading 5.76 percentage points above United States Treasury bonds with similar maturities.
Yet the interest rates on benchmark bonds in Greece, Ireland and Portugal remain at or near their record highs.
Benchmark bonds, meanwhile, fell nearly 10percentt earlier in the week, trading at about 50percentt of face value, before rallying Thursday and yesterday.
Similar(36)
Benchmark bond yields rose, first to 5%, then to 6%.
Yields on the 30-year benchmark bond jumped above 5%.
Since this is the country's benchmark bond and Brazil is the biggest debtor among emerging countries, it has become the benchmark bond for all emerging markets.
Fannie Mae, $250 million of reopening of benchmark bond due 2030, Credit Suisse First Boston, Deutsche Bank Alex. Brown and Salomon Smith Barney.
A key level in traders' sights right now is 2% for German benchmark bond yields.
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