Italy 5.95%
Spain 5.44%
Both at pre EFSF levels aka nearing panic mode.
If you enjoy the content at iBankCoin, please follow us on TwitterItaly 5.95%
Spain 5.44%
Both at pre EFSF levels aka nearing panic mode.
If you enjoy the content at iBankCoin, please follow us on Twitter
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.