Dienstag

Der PIIGS-Virus schreitet voran

The eurozone debt crisis is expanding to Spain and Italy, as bond spreads in both countries rose by close to 100 basis points. Italian 10-year spreads over German bunds have risen to 1.796%, and Spanish spreads to 2.522%, as markets expressed concerned over S&P’s downgrade warning for Italy, and Spain’s political upheavals. The euro fell below $1.40 at one time, and traded at $1.4054 this morning.
(aus Eurointelligence Newsbriefing von heute)

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