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More Moody’s: Transparent, credible deficit reduction plan needed to stabilise Portugal rating where it stands

By Gerry Davies || January 28, 2010 at 09:41 GMT

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See risks euro zone interest rates may rise too fast than appropriate for Portugal.

Elsewhere, spread between Portuguese/German 10-year government bond yields has widened 8 bps to 112 bps.

EUR/USD slightly lower at 1.4027.

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