Tag Archives: Spain

Tough Day in Euroland

Key Data Points: German Bund yield falls 6 bps to 1.457 percent; France 8.4 bps wider; Italy 24.7 bps wider; Spain 27.9 bps wider to 6.23 percent; Portugal 23.4 bps wider; Ireland 16.7 bps wider; Greece 289 wider; Large Eurozone … Continue reading

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Eurozone set for slow recovery

(click here if video is not observable)

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Weekly Eurozone Watch: Spain at 6.0%, Greece Blows Out

Key data points: German 10-year Bund new weekly closing low at 1.516 percent; Spain 10-year wider by 34 bps, first 2012 weekly close over 6.0 percent; Italy 10-year 14 bps wider; Greece 10-year blows out 425 bps on the week; … Continue reading

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Spain partly nationalises Bankia

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Chart of the Day: Modified Crowding Out

Modified “crowding out.”   The government shall be funded! (click here if chart is not observable)

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Athens still able to borrow despite political uncertainty

Here’s an analyst saying Greek living standards would plunge by 80 percent if they leave the Euro.   This must assume most Greeks have their savings in Greek banks or local assets, which raises the issue of capital flight as the … Continue reading

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Weekly Eurozone Watch: France Wider Ahead of Election

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Euro Crisis: Lorenzo Bini Smaghi

Lorenzo Bini Smagi,  former Member of the Executive Board of the European Central Bank, nails it, You call it austerity, i would call it putting your house in order. You can’t grow especially if you have a deficit which is … Continue reading

Posted in Black Swan Watch, Budget Deficit, Eurozone Sovereign Spreads, Fiscal Policy, PIIGS, Sovereign Debt | Tagged , , , , , | 2 Comments

Spanish Yields Move Higher After Auction

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Spanish 10-year Closes Above 6 percent

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