Thursday, February 3, 2011

Let Us Not Forget Our Friends In The EU

Portugal
Remember 7% yield is the cutoff for ECB / IMF aid.  What's that a 7% yield I see?



Spain
Not 7% but not coming down and stuck at 5%.




Ireland
The bank run continues and doubled the rate in December versus November.

UK
Was that a negative GDP print on expectations of growth?  Yes it was.



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