Market Currents
As in Asia, shares in Europe slump on the proposed raid on bank deposits in Cyprus, while bond...
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Monday, March 18, 4:53 AM ETAs in Asia, shares in Europe slump on the proposed raid on bank deposits in Cyprus, while bond yields in Spain and Italy rise sharply. EU Stoxx 50 -1.7%, London -1%, Paris -1.3%, Frankfurt -1.3%, Milan -2.45%, Madrid -2.3%. Italy's 10-year yields +0.1 bps at 4.71%, Spain's +0.13 bps at 5.06%.
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