New Clients get Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund

New Clients get Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund
New Clients get Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund- Sign up Receive Funds Invest in C-GB Algo Hedge Fund Account 5455085

Thursday, July 19, 2012

Spanish Bond Spreads Hit All-Time Record Highs



Tyler Durden's picture
Submitted by Tyler Durden on 07/19/2012 09:33 -0400



Despite all the pats on the back from fellow EU political members and reassurances that all will be well with political reforms, 10Y Spanish bond spreads (the additional risk over German bunds that investors demand before lending money to Spain) just hit all-time record highs. At over 580bps, we are now we well above the pre-Euro era highs (remember focus on spread not yield since Bund rates were so different back then - though current yields remain above the 7% Maginot Line of unsustainability). Spain 10Y bond spreads are now 40bps wide of pre-Summit peak levels and 130bps wider than post-Summit kneejerk reaction lows. But look at stocks and we know all is fixed in Europe...
Short-term...

Medium-term...

Long-term...


Charts: Bloomberg
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)