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Sovereign Debt Fears Rattle Investors

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TOO MUCH GLOBAL DEBT, TOO LITTLE GLOBAL INCOME
"There were further signs of contagion across the eurozone on Thursday ahead of a European Central Bank meeting, as investors sold government bonds of many peripheral eurozone countries, sending yields higher," the Financial Times reported. "Fears of default by companies in the eurozone periphery also rose sharply, indicating that the contagion was spreading to the corporate sector."
SOURCE:   Financial Times

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