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View Full Version : Monti's Overhaul Can't Stop Pain From Spain: Euro Credit - Bloomberg



NewsWhore
04-10-2012, 06:40 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwrqBdCY72fQK9e1drFnz0pY1tdg&url=http://www.bloomberg.com/news/2012-04-10/monti-s-overhaul-can-t-stop-pain-from-spain-euro-credit.html)


Monti's Overhaul Can't Stop Pain From Spain: Euro Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwrqBdCY72fQK9e1drFnz0pY1tdg&url=http://www.bloomberg.com/news/2012-04-10/monti-s-overhaul-can-t-stop-pain-from-spain-euro-credit.html)
Bloomberg
“Spain and Italy are two different countries, but the problem is the two bonds are highly correlated because they share similarities,” said Marc Chandler, head of global currency strategy at Brown Brothers Harriman in New York.

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