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Bunds Under Pressure & Italian Yields Jump
Sentiment remains weak in Asia, as traders unwind risk positions ahead of the long weekend. Heavy selling in the short-end of the European yields curve as Europe opens. Dark clouds linger over Europe as the German Chancellor Merkel, French President Sarkozy and Italian Prime Minister Monti’s meeting ends with no crisis fighting initiatives announced. In addition, Merkel went on to... ...More...
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