"Today we've seen probably the most worrying day of the crisis so far," writes Mike Riddell, as...

|By:, SA News Editor

"Today we've seen probably the most worrying day of the crisis so far," writes Mike Riddell, as the contagion spreads to France which "sees a full blown run on its debt," the 30 year yield climbing to 4.43% (against Germany at 2.45%). A debt downgrade is near as French CDS are past the point at which Ireland and Spain received their first cuts.