Summary Box: Markets rattled by lack of Greek deal (AP)

NO DEAL: The wait for an expected deal between Greece and its creditors rattled financial markets around the world Monday. Yields for ultra-safe U.S. government debt hit their lowest this year, and the euro and European stocks fell.

GREECE TALKS: Greece and its creditors were said to be close to an agreement over the weekend. It's aimed at cutting Greece's debt by roughly euro100 billion ($132 billion).

TO PORTUGAL: Borrowing costs for European countries with the heaviest debt burdens shot higher. The two-year interest rate for Portugal's government debt jumped to 21 percent after trading around 14 percent last week.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_bi_ge/us_wall_street_summary_box

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