Portuguese bond yield soars

07/3/2013 | Market News International · Bloomberg

Portugal's cost of borrowing has surged after a second minister resigned, bringing the government of Prime Minister Pedro Passos Coelho closer to collapse. Foreign Minister Paulo Portas quit after Finance Minister Vitor Gaspar resigned. Portugal's benchmark 10-year bond closed up 33 basis points Tuesday, at 6.64%.

View Full Article in:

Market News International · Bloomberg

Published in Briefs: