Friday, March 23, 2012

Spain's borrowing rates continue to rise as uncertainty in global financial markets





CBS News - Yields on 10-year bonds are up to 5.47 percent mark after rising all week. In March, the yield was below 5 percent.

The spread between the Spanish yield and the benchmark German equivalent hit 358 basis points on Friday, the highest since early January.

Analysts say the rise is due to doubts over the new conservative government's commitment to meet deficit reduction targets and concerns that a global growth slowdown and market jitters will hurt Spain's chances of avoiding a bailout.

 FREE Trial Access pass with Forex Insight Group TRADING COURSES OFFERED

The Forex Trading Room is available 24/7 and is most active to trade currencies Monday through Friday from 7:00 AM until 4:00 PM EST NEW YORK timezone, as well as online shorting of the Forex Markets. Access our Member Login page for Moderator schedule for live calls inside the Forex Insighters Room. Live real time Forex calls of currency and the foreign exchange markets are made in the Room by our Expert Moderator. Upon entering the Forex Insight room, subscribers will notice that we run a very fast paced operation. Our Expert Moderator makes real time Forex calls based on momentum, news and overall current Forex market action. Live market related news and economic data is posted in the Forex Room throughout the Forex market session. BEGINNERS COURSE offered

 FOREX INSIGHT TEAM
 7657 NW 50 st Miami, Florida
1-305-600-0895
 http://forexinsighters.com

No comments:

Post a Comment