Friday, November 18, 2011

Spanish 10-Year Yield Hits New Record High, Nears 7%!

Spain is making a run for its money at reaching all-out-crisis mode prior to Italy.  With all the focus on Italy this week as its 10-year passed 7%, Spain's yields have quietly been the ones exploding over the last 3 days.  They are up nearly 5% to 6.782% today, within striking distance of the 7% thats-all-she-wrote level.


6.78200 0.29500 +4.55%