Nation exceeds yield that led to bailouts in Greece, Ireland.
By Emma Charlton, Bloomberg|November 29, 2011 at 04:16 AM|Originally published on Treasuryandrisk.Com
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Italian bonds fell, pushing yields toward euro-era highs, as the nation sold 7.5 billion euros ($10 billion) of debt at average yields above the 7 percent level that forced Greece, Ireland and Portugal to seek bailouts.