SCOREBOARD: Mediterranean misfire

Concerns over Spanish elections and Greek protests sent markets down and bond yields up.

All the talk overnight is still about those protests in Madrid that I mentioned yesterday and of course the decision by one of Spain’s regions (Catalonia) to call an election on independence (to be held November 25). All the news in Europe is bad at the moment – throw in some more protests in Greece, anxiety about whether Spain will ask for a formal bailout – and everyone’s talking about the eurozone imploding again.

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