Investors sent indebted European countries a stern warning today: We'll lend you cash, but...

|By:, SA News Editor

Investors sent indebted European countries a stern warning today: We'll lend you cash, but you're going to have to pay a hefty interest rate. Portugal successfully sold €1.039B ($1.32B) in government bonds but at a record-high yield spread over German bunds. The cost of insuring Irish sovereign debt hit a new all-time high.