The "P" as in PIIGS# Stock
c*r
1 楼
Have a look at the yields on the Portuguese 3-year…
Portugal’s inverted curve:
Portugal’s inverted curve:
i*e
2 楼
All of the latin bloc of ER will collapse with or without PSI.
They are simply insolvent. And austerity makes them more insolvent.
Even if another Marshall Plan was initiated by the US or EU, they cannot be
saved.
They are simply insolvent. And austerity makes them more insolvent.
Even if another Marshall Plan was initiated by the US or EU, they cannot be
saved.
c*r
3 楼
Update
Portuguese bond yields are moving much higher, with the two-year yield
jumping about 400 basis points and the 10-year up 200 basis points.
Borrowing costs are now at euro-era highs as investors are attacking
Portugal in the contagion trade as Greece still hasn’t been able to reach a
deal with private creditors.
Portuguese bond yields are moving much higher, with the two-year yield
jumping about 400 basis points and the 10-year up 200 basis points.
Borrowing costs are now at euro-era highs as investors are attacking
Portugal in the contagion trade as Greece still hasn’t been able to reach a
deal with private creditors.
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