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Trouble Looms: Euro Bond Yields Hit New Record Highs.

  • Written by Syndicated Publisher No Comments Comments
    November 17, 2011

    Yields on Italian and Spanish bonds are up once again, ahead of critical auctions for both countries.

    Italy 2-Year Government Bonds


    Spain 2-Year Government Bonds


    Spain 10-Year Government Bonds

    Yield on the 10-Year Italian bond held above 7% up 3 basis points to 7.04%.

    Expect the ECB to step in once again if things get much worse.

    Note: I was able to get this format back on Bloomberg charts by deleting cookies and clearing cache. One other person experienced the problem I complained about in regards to an interactive map format and I tried his solution. It worked.

    Mike “Mish” Shedlock

    Images: Flickr (licence attribution)

    About The Author

    Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.  Visit Sitka Pacific’s Account Management Page to learn more about wealth management and capital preservation strategies of Sitka Pacific.

    You are currently viewing my global economics blog which typically has commentary every day of the week. I am also a contributing “professor” on Minyanville, a community site focused on economic and financial education.  Every Thursday I do a podcast on HoweStreet and on an ad hoc basis contribute to many other sites.

    When not writing about stocks or the economy I spend a great deal of time on photography and in the garden. I have over 80 magazine and book cover credits. Some of my Wisconsin and gardening images can be seen at MichaelShedlock.com.