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 […]
Tag: European markets
Posted inWorld
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Posted inEuropean Union, Germany, Italy, World