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Category Archives: German Bund
Eurozone Sovereign Spreads Since Italy’s Election
ECB president, Mario Draghi, spoke in this morning’s press conference about how contagion has been contained in the eurozone bond markets since the Italian elections. The data are in and he is right. The markets had closed before the election … Continue reading
Posted in German Bund, Germany, Italian Yields, Italy, Sovereign Debt, Sovereign Risk
Tagged Bond Yields, Eurozone Spreads, Italy, Spain
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Daily Interest Rate Monitor – January 17
(click here if table is not observable)
Posted in German Bund
Tagged FX Rates, Italy, JGBs. Bund, Sovereign Bond Yields, Spain
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More Pain in Spain
Though yields dropped about 20 bps today, the pain continues. Big move in the German 10-year bund since June 1st - 1.17 to 1.51 percent! (click here if video is not observable)
Posted in Black Swan Watch, Euro, German Bund, PIIGS, Sovereign Debt, Sovereign Risk
Tagged German Bund, Germany, Spain
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Europe Enters Terminal Zone
Another tough day in Europe as Greece failed to form a government and called for new elections. We sense Europe has entered a terminal phase of the Euro as we now know it. No doubt there will numerous ECB interventions, … Continue reading
Posted in Black Swan Watch, Euro, German Bund, Italian Yields, PIIGS
Tagged Europe, European Sovereign Debt Crisis, Greece, Ireland, Italy, PIIGS, Portugal, Spain
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Tough Day in Euroland
Europe came back from its long Easter weekend and took a nasty spanking. Spain’s sovereign spread over German bunds blew out 26.3 bps and is within 40 bps of its November high, while Italy moved 27.4 bps wider. The large … Continue reading
Global Markets: One Large Complex Adaptive System
We once read somewhere that there are 10 to the 180th power possible paths to checkmate in a game of chess. Similarly, the global markets are one large complex adaptive system and almost impossible to project their short-term macro … Continue reading