Italian bond yields continue to soar

Illustrating now deep Italy is in the debt danger zone the country's one-year government bond yields soared in the latest auction on Thursday. Italy had to pay interest of 6.087 percent to get investors to buy those bonds which mature next November. That compares with a yield rate of 3.57 percent at a previous sale of 12-month paper on October 11. ... http://www.euronews.net/