Euro-Zone Bond Yields Rise

    Brokers look at the main screen at the Stock Exchange in Madrid, Tuesday Nov. 15, 2011 as Spain's borrowing costs shot up Tuesday in an auction of short-term debt.  Investors are growing more wary of holding the country's debts amid fears that the eurozone's debt crisis is spreading but the government blamed Tuesday's bad numbers on financial jitters around Europe and ruled out a rescue for the eurozone's fourth largest economy. (AP Photo/Paul White)

    Paul White / AP Photo

    The euro zone's bond market continued to post troubling returns Tuesday as Italy passed a key threshold on borrowing costs despite the recent political and economic measures taken to prevent default. Italy’s 10-year-bond yield exceeded 7 percent—the point at which Greek and Portuguese bond yields resulted in bailouts from the European markets. Germany and France remained the strongest economies in the euro zone, and Germany was the only country to have a declining bond yield—cementing its position as the gold-standard economy. Despite the grim news out of Europe, Wall Street was up Tuesday due to gains in the technology sector.

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