Spain and Italy's borrowing costs soar on bond markets over Greek crisis

PARIS: Spain and Italy's borrowing costs on international bond markets soared at the start of trading on Monday over the Greek crisis.

Shortly after the start of trading at 0600 GMT the yield on the benchmark 10-year bonds for Spain rose to 2.720 percent compared with 2.150 percent at close on Friday, while Italy's rose to 2.598 percent, compared with 2.110 percent at close on Friday.