Spain pays lower interest rates in debt auction

MADRID — Spain raised (EURO)4.5 billion ($5.9 billion) in short-term debt auctions Tuesday that saw it paying sharply lower interest rates amid speculation that the country will eventually seek aid to manage its finances. The Treasury said it sold (EURO)3.5 billion in 12-month bills at an average interest rate of 2.84 percent, down from 3.07 percent in the last such...