As the Eurozone summit begins - The yields on 10year Government bonds for the 'PIIGS' nations continue to widen against the benchmark German 10 year bund. Worryingly for the Eurozone on the day of the summit, most of the 10year bonds have widened to record levels. This further emphases the urgency investors have put upon the need for a rapid solution to the deepening crisis.
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| Source: http://www.fxstreet.com/ |
"Inside Track" with Erik Schatzker on Bloomberg TV
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