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Spain Hits the Wall.
Martin Nangle photojournalist blog 1 Year, 8 Months, 3 Weeks, 6 Days, 14 Hours, 51 Minutes ago
The markets have gone after Spain. Italy is firmly in their crosshairs. Today Monday July 23 Spanish 10yr bond yields surged beyond 7% and into the zone most analysts regards as imminent sovereign bailout territory. Its credit rating is next to junk.