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Another Bad Day for Spanish Bonds, 10-Yr Yield Hits 5.85%, Settles at 5.75%

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0 comments on Another Bad Day for Spanish Bonds, 10-Yr Yield Hits 5.85%, Settles at 5.75%

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Spanish government bonds are taking another dive today with yields rising again.

Chart from Bloomberg.

Place your bets on when yields soar above 6%. I suggest it will not be long.

Mike “Mish” Shedlock
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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Mike Shedlock

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