Italy ETF Sells Off with Stocks, Bonds on Credit Fears
July 11, 2011 at 12:19 PM EDT
Exchange traded funds that invest in Italian stocks and government debt were under heavy selling pressure again Monday after steep declines late last week. The iShares MSCI Italy (NYSEArca: EWI) was down nearly 6% in midday trading as the so-called bond vigilantes trained their sights on Italy and...