Portugal may re-ignite Europe crisis

Political turmoil in Portugal is threatening to re-ignite Europe's debt crisis after a year of relative calm.

Portugal Yields Need Draghi to Keep His OMT Promise

Portugal’s 10-year bond yield jumped more than a percentage point in the past month to levels that may test European Central Bank President Mario Draghi’s pledge to buy bonds of crisis-torn countries.

Strong demand for EU bail-out bond sale

The European Union enjoyed strong demand for its third bond to raise money for the rescues of Portugal and Ireland, in a sign of investors’ confidence that the eurozone can survive the debt crisis.

Despite rising concern over contagion, and the single currency coming under pressure this week, banks, pension funds, insurers and other investors from Europe and Asia, including some big sovereign wealth funds, bought the debt.