Investors relaxed despite Spanish turbulence

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Investors relaxed despite Spanish turbulence

Spain flag 2 PA 230 x150
SPAIN, Barcelona: Protesters hold a giant Spanish flag during a demonstration called by Societat Civil Catalana (Catalan Civil Society) to support the unity of Spain on October 8, 2017 in Barcelona. Ten of thousands of flag-waving demonstrators packed central Barcelona to rally against plans by separatist leaders to declare Catalonia independent following a banned secession referendum. Catalans calling themselves a silent majority opposed to leaving Spain broke their silence after a week of mounting anxiety over the country's worst political crisis in a generation.NEWZULU/Ramon Costa lopez | NEWZULU/Ramon Costa lopez/PA Images

Investors appear emboldened by news of a snap election in Catalonia, returning to Spanish government bonds and pushing yields down to near two month lows.

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