Portuguese Debt About to Implode? What About Spain?
—- PortugueseDebtAbouttoImplode? WhatAboutSpain? // Mish’s Global EconomicTrendAnalysis Is Portugal about ready to implode? That’s what one hedge fund manager believes. For now, interest rate action suggests otherwise. We will explore the case for implosion but first consider this chart of 10-year sovereign bonds. Portugal 10-YearSovereignDebtYield One certainly could have made a fortune plowing into 10-year Portuguese bonds. Does that mean Portugal is out of the … Seguir leyendo Portuguese Debt About to Implode? What About Spain?