Wednesday, August 8, 2012

ECB’s Rescue Worsens Spain, Italy Maturity Crunch: Euro Credit

http://www.bloomberg.com/news/2012-08-08/ecb-s-rescue-worsens-spain-italy-maturity-crunch-euro-credit.html

European Central Bank President Mario Draghi’s bid to bring down Spanish and Italian yields may spur the nations to sell more short-dated notes, swelling the debt pile that needs refinancing in the coming years.

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