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Old 11-29-2010, 07:12 PM
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Post Spanish borrowing costs surge

Fears of contagion were raised again today after Spainís borrowing costs surged to 5.330% from 5.148% – an eight-year high. Markets are nervous about the current euro zone situation and fears are growing that Spain and Portugal could be next in line for a bailout as yields on 10-year bonds rise to dangerous levels Ė [...]

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