European shares close lower (FEZ -1.3%), but catch a nice 0.5% bounce at the end of the day. The...

|By:, SA News Editor

European shares close lower (FEZ -1.3%), but catch a nice 0.5% bounce at the end of the day. The focus turns to Ireland, whose bond yields skied today as investors get out ahead of a possible downgrade to its credit rating. Irish 2 years +242 bps to 15.31%. IRL -1.5%.

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