Commodities Pressured as EZ Crisis Resurfaces
BonTradeThe euro tumbled as sovereign debt worries in peripheral countries resurfaced. Yield spreads between Portuguese bonds and German bunds widened significantly despite government's pledge of meeting deficit targets for 2010 and 2011. Gold was weighed down as the single currency slumped and USD strengthened.
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Commodities Pressured as EZ Crisis Resurfaces
