November 10, 2011 at 12:00 PM EST
A Round Trip For Euro Yields
Ed Yardeni has a great graph of European sovereign yield history. It’s interesting to note that yields have basically rebounded to levels that prevailed before the euro was launched. Of course, some of the rebounding has moved faster and climbed higher in certain countries. The main exception is Germany, the undisputed benchmark for “risk free” [...]
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