Friday, November 11, 2011

NO WORRIES THIS WEEKEND, ITALIAN BONDS IMPROVE

Apparently the "ALL CLEAR" has been sounded as Italian 10 Year Bonds are heading higher and bond yields are retreating.  While the sovereign debt issues are still well above the danger zone which is around 5.50% it is significantly better than a 7% handle yield which we witnessed earlier this week.  I wonder who could be buying all of those Italian bonds?  




GOATMUG
Goatmug is an investor that cares about you and your family. Goatmug's Blog - Financial Perspectives From The Mountain Top is a collection of thoughts on our economy and how it impacts the lives of investors and average people. While several specific investments are named in many of his posts, these articles are simply invitations for you to do your own research and reference to these securities does not constitute financial advice. Your situation is complex and unique and you should seek professional assistance with your trading and investing. Please visit Goatmug and share your comments at http://www.goatmug.blogspot.com/