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Posted in European Crisis

Spain says solvency assured as investors flee – Full Story

(via AFP)

Now The Balance Begins To Shift

The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.

This report tells why, and what to look for in the data and the markets.  GO TO THE POST

Spain’s government declared confidence in the nation’s solvency Friday as investors fearing a financial breakdown sent its debt risk premium soaring to a euro-era record. “We want to send a message from the government of Spain of confidence, of security in the solvency of Spain as a country,” Budget…

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