Spanish troubles send euro, shares lower

LONDON (Reuters) - The euro hit its lowest level in over two years and shares fell on Monday after reports that Spain's indebted regions need help fueled fears that the country will become the fourth euro zone member to ask for a major bailout. Ten-year Spanish government bond yields rose to a fresh euro-era high of 7.59 percent following local media reports that up to six regions may seek aid from the central government after Valencia asked for funds on Friday. "Given the market reaction on the back of the news that more and more regions are looking to tap in to the liquidity fund... ...

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