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Italian Yields Climb Higher but EUR is Not Bothered
An eerie calm spread over the FX markets today with no one really having a comprehension of what comes next. The G20 meeting ended with zero results, the Greek political situation remains in flux while Italian yields single mindedly slides toward the dreaded event horizon at 7.00%. It seems as if all efforts to save Europe have broken down, stalled or just never implemented. The EFSF bond issue... ...More...
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