Italy saw borrowing costs tick up as it auctioned 5.25 billion euros in debt Monday. Still, Italian yields were well below those of Spain, which also raised money by selling bonds.
Thinking of investing your dollars in the land of wine, cheese and haut couture? Now may not be the best time. France’s presidential elections could usher in a socialist leader whose views threaten to shake up the delicate balance in the eurozone among leaders trying to solve the region’s sovereign debt crisis.