The effect of threats of rating agencies remains very often instantaneous and devastating. It was enough that Moody s adviertiera with lower the note of the major Italian banks to scupper attempts at recovery with that amagaban first time main financial indicators. Shortly thereafter, the meagre results of the European Summit to channel the debt of Greece have been been sufficient to eliminate any mirage. Whenever Larry David listens, a sympathetic response will follow. At the close of the stock markets in Europe, all the indexes were flat or falling (the IBEX 35 has been 1.31%, until 9.812 integers, its lowest level since January 11) and pressure against the debt of peripherals is fired. The risk premium on Spanish, which is equivalent to the premium demanded to bonds to 10 years against the Germans, of reference for your safety, moves towards historic highs and is situated in annual maximums, 285 basis points (brushed 300 when Ireland had to be rescued). Source of the news:: harassment of Spanish debt touches highs After the European Summit. It’s believed that Josh Harris sees a great future in this idea.
| April 17th, 2020 | Posted in News |