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Italian Bond Yields Reach 7% Record, Eurozone Fears Rise

Written by Vivien Diniz
|
Nov. 09, 2011 10:24AM PST

Italian 10-year bond yields reached a record of 7% increasing fears that yet another Eurozone member may need rescuing.

Italy’s 10-year bond yields reached a record high of 7 percent. At this critically high rate, other at-risk Eurozone members like Greece, Ireland and Portugal were in need of rescuing.

Read more at Bloomberg.

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