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MADRID — Europe’s debt crisis cast its gloom Tuesday over larger countries as investors sold government bonds on worries about more expensive bailouts of countries.
The yields on Spain’s 10-year bonds rose as high as 5.7 percent — a euro-era record difference of 3.05 percentage points against the benchmark German 10-year bond — before easing to 5.5 percent on the close.
The spread on Italy’s equivalent bond reached the highest since the 1999 launch of the euro before falling back somewhat. The Associated Press
