Wednesday, May 30, 2012

Surging Spain Borrowing Costs Hit Asian Shares and Euro - NYTimes.com

Surging Spain Borrowing Costs Hit Asian Shares and Euro - NYTimes.com:

"As risk aversion gripped financial markets broadly, strong bids for safe-haven assets sent 10-year U.S. Treasury yields down to their lowest in at least 60 years at 1.620 percent on Wednesday. The yield on five-year Japanese government bonds fell to 0.20 percent, its lowest since October 2010."

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