Thursday, January 26, 2012

Portuguese 10 Year Yield Passes 15%!

The Portuguese 10 year yield passed 15% today for the first time, as Portugual has now officially morphed into Greece.  The banking system cannot handle a default the size of Portugal.
QE to Infinity.....AND BEYOND!!!





PORTUGUESE GOVERNMENT BONDS 10YR NOTE PORTUGAL PL (GSPT10YR)
Open: 14.81800 High: 15.14100 Low: 14.55800