FTSE losses continue

The FTSE 100 Index suffered its fifth losing session in a row today as high borrowing costs for Italy and Spain fuelled fears of a eurozone meltdown.

FTSE losses continue
Fri, 18 Nov, 2011 - 17:37

The FTSE 100 Index suffered its fifth losing session in a row today as high borrowing costs for Italy and Spain fuelled fears of a eurozone meltdown.

The debt-ridden nations' benchmark 10-year bonds were nearly 7% which, although slightly lower than yesterday, is still seen as unsustainable.

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