Relevant:
- Spanish Bond Yields Soar, While Global Stocks Sink
- Spanish 10-Year Bond Yield Hits 6.5%, Spread to Germany Hits Record; Prime Minister Repeats Lie
- Europe's bond yields fall to lowest since the Black Death
- Spanish and Italian Banks, Once More Buying Bonds, Seen as Vulnerable
- "As If Nothing Matters" - Kunstler
2012-06-19 — telegraph.co.uk
Yields on 10-year Spanish bonds surged to a record high of almost 7.3pc as investors ignored the victory of pro-bailout parties in Greece's elections... Cristobal Montoro, the economy minister, warned that Spain is now in a "critical" condition and pleaded with the European Central Bank to act with "full force" to defeat markets hostile to the euro project.
...
[OECD head] Angel Gurria urged the ECB to force down yields on Spanish and Italian bonds and deploy "every instrument, tool, and asset" in its arsenal, saying it would longer be enough to cut interests rates.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.