iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

ALERT: ITALIAN AND SPANISH 10 YR YIELDS SPIKE

Italy 5.95%

Spain 5.44%

Both at pre EFSF levels aka nearing panic mode.

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One comment

  1. ckalt

    Don’t the Italians and Spainards have to pony up for the EFSF? Think of all the profits they’ll make buying their own bonds with leverage. Once they enact austerity a 6% coupon in a deflationary environment will look quite attractive.

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