Debt worries hit euro, German bonds gain
LONDON (Reuters) – The euro hit a three-and-a-half year low against sterling and German bond prices extended last week’s gains on Monday as investors worried the European Central Bank had changed its stance on how some bondholders could be treated under Spain’s bank bailout. However, markets were waiting for testimony from U. S. Federal Reserve Chairman Ben Bernanke later in the week for any hints of new stimulus to help the economy and this tempered price moves. . . .
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