from npr news in washington, i'm lakshmi sing.
caution appears to be returning the global markets after the initial rally over news that spain banks would get an eu bailout. lauren frayer reports from madrid spanish markets have closed flat, and the country's borrowing costs have shot back up to the same levels as before the rescue announcement was made.
stock surged and spain's bond yields initially fell on word europe would extend a 125-billion lifeline to rescue spanish banks. the idea with spain would have a bit breathing room with
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