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Euro contagion: The crisis is spreading from Italy to Spain
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Monday, November 14, 2011
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From Zero Hedge:

There is that thing we said about the European "communicating vessels/whack-a-mole" -- the second one is down, several others pop up.

Today, it is Spain's turn, whose 10-year bond yield just passed 6%: the first time since August 5.

The catalyst was the discovery earlier that Spanish bank borrowings from the ECB rose to €76 billion ($104.1 billion) in October, the highest level in more than a year, as...

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More on the euro crisis:

How the euro could trigger a 2008-style crash

The euro crisis has entered a dangerous new phase

Top strategist Ritholtz: Euro crisis could cause stocks to "grind up"

Topics: Spain | Euro | Bankruptcy
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