Spain’s debt hits record as euro zone crisis worsens
LONDON (Reuters) – Spain’s 10-year bond yields hit a euro-era record of 7 percent on Wednesday as investors fled to safe-haven assets on fears the storm surrounding Europe’s two-year long debt crisis was worsening, sending European shares and the euro lower. "The underlying problem of deteriorating confidence in sovereign debt in Europe is continuing to intensify," said Lee Hardman, currency economist at Bank of Tokyo-Mitsubishi. The euro dipped only 0. 1 percent to $1. . . .
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