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Spain beats bond sale target, brushes off Cyprus crisis

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By Paul Day and Alexandria Sage MADRID/PARIS (Reuters) - Demand rose and costs fell at a Spanish bond sale on Thursday, suggesting yield-hungry investors are unconcerned that the financial turmoil in Cyprus might spread to other parts of the euro zone. The Treasury sold 4.5 billion euros (3.8 billion pounds) at the sale of three maturities, including its 10-year benchmark, beating the top end of its target range of 3 to 4 billion euros. "It's a very good auction ... ...

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