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Lebanon's Bonds Enter Danger Zone as Budget Crisis Drags On
Lebanon’s Eurobonds have entered distressed territory as a budget delay and rising political tension in the region complicate efforts to tackle the nation’s fiscal crisis. The average extra yield investors demand to hold the Arab nation’s debt over U.S. Treasuries climbed to a 10-year high of 946 basis points this…
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Click here to read the full story: Yahoo News