Bond Worries Reveal The Depths Of Europe's Crisis
by: Zoe Chace, NPR, November 24, 2011 4:11:46 am
To gauge the severity of the crisis in Europe, it helps to look at how much it costs the continent's countries to borrow money. Investors are pulling back from buying bonds, one country at a time. Investors have dumped their Spanish and Italian debt; now they're looking warily around the rest of Europe, wondering who's next. And suddenly France isn't looking very strong.