IPFS News Link • European Union
ITALY IMPLODES
• http://www.businessinsider.com, Joe Weisenthal Italy's FTSE MIB index down over 4%.
When we originally posted this the index was off just 4.1 percent. It ended off over 4.9%.
The yield on the 10-year Italian bond is up to 5.66%, and of course a whole bunch of Italan banks got slammed.
Similar carnage in Spain, of course.
This one just got worse and worse throughout the day.
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