"LONDON/LISBON, Jan 30 (Reuters) - Portugal's slide towards becoming the next Greece - needing a second bailout to avoid chaotic bankruptcy - geared up a notch on Monday as untrusting underwriters hiked the cost of insuring Lisbon's bonds to new highs and insisted it be paid up front." Read more at Reuters
Italian, Spanish, Belgian and French yield spreads to German bunds are all up as well. Fitch downgraded Italy, Spain and Belgium on Friday.
|10-year Portuguese-German Yield Spread (Bloomberg)|
|10-year Portuguese Government Bond Yield (Bloomberg)|