Spanish stocks and bonds fall amid escalating Catalonian crisis

The Spanish Ibex 35 index was down 2.5% at 10,003, while yields on the 10-year Spanish bond jumped to their highest level since March at 1.76%, as investors were spooked by the persisting unrest. This began when Spanish police tried to stop Catalan attempts to conduct an indepedence referendum on Sunday 1 October. Hundreds of people were injured in the attempt to vote, but over two million Catalans managed to defy the Spanish government's attempts to stop the referendum from taking place. Some 2.3 million of the 5.4 million eligible voters managed to cast their votes on Sunday, and...