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Friday, May 16, 2014

Peripheral bonds deepen losses amid Greek tax and political fears

Lower-rated euro zone bond prices slipped on Friday, deepening sharp falls on Thursday triggered by nervousness about the stability of the Greek government, a tax on foreign holders of Greek bonds, and weak growth. The rally in peripheral government bonds had been fairly steady since the start of the year, but some analysts suggested the reversal might be more than a blip. "There will be some ...

READ THE ORIGINAL POST AT finance.yahoo.com