ETFs that track European stock indexes have stabilized after a huge drop as concerns over the debt crisis subsided, ETF Trends reports. Still, interest rates on Greek 10-year bonds reached a new high, with yields surpassing 18%. To support the markets, the European Central Bank has been purchasing government bonds of troubled economies in the region. The iShares MSCI Italy Index and the iShares MSCI Spain Index have seen huge losses over the past three months.
Click here for the story from ETF Trends.