Spain 10-year government bonds are now yielding significantly more than 7% as the country may have to bail-out the region of Valencia.
As we have been saying at TPC for some time and despite what the so-called experts say, the spit is going to hit the global economic fan sooner rather than than later!
Buyers who invest in stocks due to non-existant yields in the bond market need to beware of the danger that exists!
Read the article at The Political Commentator here.
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