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Indebted countries see borrowing costs edge up

Friday - 6/21/2013, 2:39pm  ET

Fed Chairman Ben Bernanke's news conference is on a television screen on the floor of the New York Stock Exchange Wednesday, June 19, 2013. The Federal Reserve offered a hint Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows. (AP Photo/Richard Drew)

Associated Press

FRANKFURT, Germany (AP) -- Europe's indebted countries have seen their borrowing costs edge higher after the U.S. Federal Reserve signaled it could start phasing out its bond-buying program.

The market shift raises concerns that governments will face a bigger financial burden in their struggle to escape the financial crisis that has plagued Europe for the last 3
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