Italian yields on 3-year bonds skyrocket MILAN, Italy (AP) — Italy's borrowing costs on its three-year bonds skyrocketed to their highest level since December, as concerns about Spain and the state of Europe's economy continued to pummel Italy's finances. Spain's decision over the weekend to seek a bailout for its banks has heightened pressure on Italy to speed its reforms and hold steady on austerity.
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Business Heds Index, Seattle Post-Intelligencer: Business
Thu, 06/14/2012 - 3:28am
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