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- Yields on Italy’s 2-year debt rose by almost 50 basis points overnight.
- Yields on longer-term Italian 10-year debt also spiked, rising to around 2.77% — the highest level since 2014.
European markets are under pressure amid the rising political uncertainty in Italy and Spain.
When markets opened a short time ago, the dramatic selloff in Italian bonds continued at full pace.See the rest of the story at Business Insider
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