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Indebted countries see borrowing costs edge up

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FRANKFURT, Germany (AP) — Europe's indebted countries could face higher borrowing costs after the U.S. Federal Reserve indicated it would start phasing out its stimulus program. Low interest rates and creation of new money by the Fed helped push down rates on bonds around the world — including those of Portugal, Italy and Spain. The fear is that the end of stimulus will reverse that. Higher...

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