![](data:image/svg+xml;charset=utf-8,<svg height="125" width="738" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="600" width="800" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
As the accompanying chart shows, the spread between German and Spanish 10-year bonds widened as the Catalonian independence crisis emerged. European investors moved into German government linkers, a safe harbor hedge against monetary turbulence. Falling German yields, in turn, weakened the euro, which is now trading at 1.1763, down from a Sept. 8 high of […]
![](data:image/svg+xml;charset=utf-8,<svg height="438" width="640" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="393" width="644" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="340" width="512" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="338" width="512" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="586" width="800" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
