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Once again, the Treasury managed to get its debt out the door only by paying punitive rates.
"The Treasury managed to get all its debt out the door this morning, demand was solid, if unspectacular, and yields continued to fall," Mr. Spiro said.
In Britain, the Bank of England and the Treasury managed to avert a full-scale panic but things were never quite the same again.
At its previous auction of 10-year bonds, for instance, the Spanish Treasury managed to lower slightly its borrowing costs after a mid-March agreement by European leaders to strengthen the European Financial Stability Facility available to rescue troubled economies, as well as allow the facility to purchase government debt in some conditions.
On Thursday morning, Spain's treasury managed to sell 3.13 billion euros of debt, exceeding its own target of 3 billion euros.
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The Socialist Party managed just ten.
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SIEMENS managed it; DaimlerChrysler got halfway there.
The Mets managed just three hits.
The Mets managed to add one run.
The Yankees managed only two hits, same as Ortiz.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com