http://alcuinbramerton.blogspot.com/2010/04/altnews4-httpalcuinbramerton.html
Alcuin Bramerton Twitter
Alcuin Bramerton profile ..... Index of blog contents ..... Home
Is Germany's Greek bailout designed to fall out of bed? Two secret exit clauses in the agreement have come to light. Might Europe be cheering for its own double-dip demise?
A fear driven flight to safety has driven yields on 10-year German Bunds to 2.56 per cent. This is below the levels touched in the depths of the Great Depression (1929-1939). The spreads over peripheral European debt have risen sharply again, jumping to 137 basis points for Italy, 157 for Spain and 220 for Ireland. More here (25.05.10).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment