26 April 2010

PIGS 10 year yields - Portugal in Danger

  • Follow up on yesterday's post.
  • This morning, PT10YY has made a new high of 5.159%, above the Jul08 high of 5.148%. Now trading at 5.143%.
  • Included Spain and Italy 10YY charts for comparison.
  • See RBS Research on EUR/USD slow bleed restructuring scenario (via FT Alphaville). Agree that it will be death by a thousand cuts. No sudden exit/end/fix.

1 comment:

Taichiseal said...

Goodness. PT10YY at 5.45% now. Definitely a good break of the old high.