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More "crisis over" signs emerge from Europe where German T-Bill yields turned positive for the...

More "crisis over" signs emerge from Europe where German T-Bill yields turned positive for the first time since June at today's auction. The government sold €2.07B of 12-month paper priced to yield 0.1319%.
Comments (1)
  • Credit market signals in an ECB LTRO environment are pointless.

     

    Look at the fundamentals if you want to know where Europe is heading and there is absolutely nothing positive to find. Every single fundamental is deteriorating in the periphery, with the core showing increased weakness.
    28 Jan 2013, 10:40 AM Reply Like
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