We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders. Since 2009, ForexLive™ has been one of the most-visited foreign exchange trading hubs.
It took a while but peripheral bond yields have finally blown out.
Spanish 10s are back above 6% and spreads over bunds are out to 4.50 bp, not too far from record wides of 4.72% back in November. That's a scary neighborhood.
Concerns over the Spanish bank bailout are compounding with the never-ending saga in Greece.
1.2950 barriers are the early focus for the market while sellers lie up in the 1.3000/10 area again.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Contagion Ragin’ Once Again 0 comments
It took a while but peripheral bond yields have finally blown out.
Spanish 10s are back above 6% and spreads over bunds are out to 4.50 bp, not too far from record wides of 4.72% back in November. That's a scary neighborhood.
Concerns over the Spanish bank bailout are compounding with the never-ending saga in Greece.
1.2950 barriers are the early focus for the market while sellers lie up in the 1.3000/10 area again.
http://www.forexlive.com/blog/2012/05/09/contagion-ragin-once-again/
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
Share this Instablog
Latest Followers
StockTalks
-
ECB's Constancio: Crisis not over; Constancio, a member of the ECB's managing board, is speaking in Frankfurt.
Mar 28, 2012
-
Best hope for the EUR is an afternoon US equity rebound with European equity markets closing.
Mar 6, 2012
-
Now I've heard everything...Talk swirling that the ECB will lend to the IMF, who in turn, will lend to euro states. Italian yields falling.
Nov 17, 2011
More »Latest Comments
Most Commented
Posts by Themes