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Monday, 28 May 2012

Euro meltdown?

This morning bond markets continue to reflect the tensions in the EuroZone with the spread between 10-year Spanish and German bonds rising to 5.05 percentage points, this is a record difference.

If you think Spain is the biggest economy in the EuroZone to worry about then please note that Italian government bond yields are also higher this morning, rising to 5.87%.

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