Sunday the Greeks will be holding a vote on whether or not the country wants to stay in the Eurozone (as I write this the outcome is termed to close to call)! But certainly the story, regardless of whether the vote there is yay or nay, likely does not end there. Unfortunately excessive debt is certainly not […]
(Note: This article was also Featured at LinkedIn’s Pulse: Money and Banking) For many an article about central banks, bond yields and sovereign debt is merely an opportunity for the eyes to glaze over and a sound sleep to ensue! But consider, ‘…the yield on the benchmark 10-year German bund: it soared to as high as 0.95 […]
Follow @Hallmark Abstract Service This chart shows the May 18, 2012 10-year sovereign debt yields for the United States, Japan, and the five EU PIIGS (Portugal, Ireland, Italy, Greece and Spain)! Yield spreads between the countries were at these exaggerated levels (although improved for most from the depths of the global financial crisis) due to […]
