Saturday, 16 July 2011

Italian, Spanish Bond Yields Head North, Greek, Irish Bond at New Record Highs

http://globaleconomicanalysis.blogspot.com/2011/07/italian-spanish-bond-yields-head-north.html

It will be interesting to see how long it takes for Italian government debt yields to take out the spike high right before Trichet interfered in the Italian bond market. On the interference, yields tumbled across the board, but Greek and Italian bond yields have already made new highs.

Greece 2-Year Government Bonds




Ireland 10-Year Government Bonds




Italy 10-Year Government Bonds




Spain 10-Year Government Bonds



The Bloomberg charts are inaccurate but the current yield information is accurate.

On July 12, Italian yields broke above 6% before Trichet stepped in to buy Italian government debt. How long will it take before yields hit 6% again?

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