Turn-around

Italy Bonds Gain After Auction, U.S. Futures Rise

By Stephen Kirkland - Nov 10, 2011 9:58 AM GMT-0300

Euro Rises Versus Dollar

Chris Ratcliffe/Bloomberg

The euro lost 4 percent since the end of August as investor focus turned to Italy and whether it could implement sufficient austerity measures to avert a jump in bond yields similar to that in Greece.

The euro lost 4 percent since the end of August as investor focus turned to Italy and whether it could implement sufficient austerity measures to avert a jump in bond yields similar to that in Greece.

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Comment:  This looks like more than just a bump. Could it really be that the turn-around is coming?