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by Jason Voss, CFA

As I have stated for the previous two months, investors and, consequently, journalists have largely moved on from the European Sovereign Debt Crisis. While in the last week fears of Spain's mounting economic problems -- as logged by feet-on-the-street protests, uncertain statements from the Spanish government, and increasing bond yields -- have seemingly reinvigorated fears of a European implosion, the fact remains that investors are emphasizing other things. Furthermore, there seems to be no global consensus on what the direction of returns and risks will be. The following important stories emphasize this point:

Source: Fixed Income Roundup: No Consensus on Returns and Risk