Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Thursday, June 14, 2012

Spanish Bond Yield at crisis high

But note how it fell last time (In November) when the ECB pumped a trillion dollars in low interest loans to European banks.  Will they do it again?  My guess is yes.

[Chart courtesy of Bloomberg]

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