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Yields on Portugal's 10-year bonds rose above 7% – a level that many analysts consider unsustainable.
On Wednesday, Lisbon sold its 10-year bonds at 6.7 percent, a cost that many analysts consider unsustainable.
On Monday, borrowing costs in Spain pierced through the 7 percent mark, a level many consider unsustainable.
Yields on 10-year debt soared above the psychologically damaging six per cent level, which analysts consider unsustainable.
The continuing high yields on 10-year bonds, just shy of the 7 percent level that many economists consider unsustainable, indicated the continuing challenges ahead.
Investors continued to be worried that Italy's 10-year borrowing rate remained uncomfortably close to 7 percent, a level that economists consider unsustainable.
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Which might be considered unsustainable?
(Even a 10 percent figure would be considered unsustainable by credit analysts).
Borrowing costs of 8 percent are still considered unsustainable over the long-term, however.
Borrowing costs above 6 percent are considered dangerously high, and at 7 percent are considered unsustainable over the longer term, as interest payments crowd out other spending.
Portugal's 10-year bond yields surged on Monday to just under 16%, more than twice the level that is generally considered unsustainable.
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