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
Two reasons not to like DAX
Posted inUncategorized
Developed market bond yields up as risk-on sentiment returns
Posted inUncategorized
Poland narrowly avoids political crisis
Posted inEuropean Union, Germany, Italy, World
