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The euro hit 17-month lows below $1.12, down over 4% this year, as fears grow of contagion from rising French borrowing costs spilling into the broader euro area. The French/German yield gap is near its widest since the euro debt crisis, with Italian bond yields also wider.
By Caitlin McCabeRisk appetite among money managers is starting to fade as they contend with bond-market volatility and the possibility of a Democratic win in the midterm elections.That's according to Bank of America's survey of global fund managers, conducted between Sept. 4 and 10. Cash levels ar…