Fears that Greece is on the brink of a default send the country's bond yields soaring

April 16, 2015 11:34 AM

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Fears that Greece is on the brink of a default send the country's bond yields soaring

A woman stands inside a shop behind stickers depicting butterflies with the colors of the Greek flag in Athens, on Wednesday, April 15, 2015. Greece’s new left wing-led government has been locked in strained negotiations with creditors since winning elections in January on pledges to abolish the deeply resented budget austerity measures required by the rescue program. (AP Photo/Yorgos Karahalis) (The Associated Press)

LONDON – Mounting fears of a Greek debt default have sent the country's borrowing costs in the markets surging higher.

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