European Markets Slide, While Portuguese Yields Continue Marching In One Direction

The mood today in Europe is negative. Just about every market is off.

Germany’s DAX index is down 0.58%. France’s CAC-40 is down 0.4%. Spain’s IBEX is down 0.45%.

Meanwhile, if you haven’t seen it lately, here’s a look at the Portuguese 2-year yield. It’s only going in one direction, as the bond vigilantes demand some kind of resolution on the bailout issue.

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