“When Ro-Ro goes No-No” expounded upon the ultimate futility of conjuring illusory wealth. Bernard Connolly’s analysis, “Rethinking the Rogoff-Reinhoff Thesis,” made the case. Connolly wrote…
Spain is expected to strong-arm its banks into buying more government debt in exchange for aid, after Madrid was forced to borrow up to €100bn…
…On Monday, as concern grew about Italy’s prospects, investors were dumping Italian government bonds, causing the price to fall and the yield — a measure…
Whenever financial disaster strikes, it is tempting to try to identify the moment when it became inevitable. In the case of MF Global, was it…
(Reuters) – Spain showed on Thursday that it can still access the credit markets at an affordable but rising cost against a backdrop of feverish…
The primary purpose of “safe havens” for “big money” is to preserve capital in realtively low-risk, highly liquid markets. There are few markets that offer both.
Experienced investors try to avoid the “confirmation bias” trap by asking what su…
BloombergUS Treasurys Rally On Greece Fears; Yields Test Historic LowsWall Street JournalBy Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The global scramble for safe-haven assets sparked by Greece's political shuffle is firing up deman…
Moneycontrol.comEURO GOVT-Spanish bonds stable after auction, French yields dipReuters* Spanish sale meets expectations, French goes well * Markets looking for dovish signals at ECB meeting * Bunds stable, Spanish yields keep close to 6 pct By Marius Z…
Financial TimesEuropean Government Bonds Tread Water Ahead Of Supply, ElectionsWall Street JournalLONDON (Dow Jones)–Euro-zone government bond markets trod water Monday, as a lack of any policy speeches, supply or market-moving data kept trading volum…
BloombergItalian, Spanish banks load up more on government debt: ECBChicago TribuneFRANKFURT (Reuters) – Banks in Italy and Spain stuffed their coffers with government bonds last month, European Central Bank data showed on Monday, in the latest sign th…
