Saturday, June 23, 2012

Spanish Yields May Bring Central Bank Moves

Last week we noted Spanish bond yields and stock market momentum were still raising caution flags for risk assets. On Friday, stock momentum cleared an important level, but European yields are still headed in the wrong direction. The yield on a ten-year Spanish bond sits at 7.25%, which is something policymakers cannot and will [...]

Source: http://ciovaccocapital.com/wordpress/index.php/corrections/spanish-yields-may-bring-central-bank-moves/

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