Friday, November 18, 2011

Europe - Bond yields reach dangerous levels Italy and Spain, paid on debt (6.8% and 6.6%, respectively) 3 times Germany´s 1.8%

Published on Nov 18, 2011 by
http://www.euronews.net/ November 17 signalled new fears for the euro, sowing seeds that soon might spread - of more unsustainable debts. Spain's ten-year bond yield reached a dangerous level, so that even France's borrowing rate rocked higher.

On Thursday, what the euro zone's third and fourth-largest economies, Italy and Spain, paid on debt (6.8% and 6.6%, respectively) was more than three times Germany's rate (1.8%). France was (3.6%).

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