Eurozone

High Bond Yields Must be Attacked

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Italian Prime Minister Mario Monti said the return of sovereign bond yields to danger levels last seen before the European Union summit in June is a concern. He also said it needs to be addressed by eurozone finance ministers. "The wide level of the spreads on the sovereign debt of several eurozone member states is a concern for the financial stability of the euro zone," Monti said at a news briefing on the sidelines of a conference in southern France.

Read it at Reuters


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