Angeline Benoit and Ben Sills report for Bloomberg in Spanish Bonds Fall Even as Rajoy Unveils More Budget Cuts 04/10/2012 that Spanish bonds yields are climbing near 6% (600 basis points) again, a level that has become a signal in the EU crisis that the cost of borrowing is becoming unsustainable:Prime Minister Mariano Rajoy yesterday unexpectedly announced the 10 billion-euro package, less than two weeks after unveiling the most austere budget in more than three decades.
Pre-crisis levels of confidence... never before seen bond yields... stocks surging back toward record highs... just don't tell the record number of unemployed Europeans... Peripheral bond yields continues to plunge (as ECB QE hopes ... Read Post
Spanish 10-year yields have jumped nearly 20 basis points in the last few minutes, since European Central Bank President Mario Draghi began his press conference at 8:30 AM ET. This likely reflects renewed doubts about the Spanish go... Read Post
This chart showing yields on Spanish 10-year bonds is definitely what you need to watch right now. Yields on these bonds have been climbing ever since the last of the European Central Bank's two three-year long-term refinancing oper... Read Post