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Questions Raised Over Complacency In EU Bond Markets

From mninews.marketnews.com

Analysts are growing concerned that Eurozone bond markets are not reflecting economic conditions and that record low yields are a sign that investors have become too confident that Europe's high debt levels won't come back to haunt the region again. Eurostat reported last week that first quarter currency area debt levels increased to 93.9% of GDP from 92.7% in the final three months of last year. The figures showed a wide range of debt burdens among member states, from around 174% in Greece to 22.8% in Luxembourg and come amid increasing concerns of a slowdown in the broader Eurozone economy and flat-lining inflation ... (full story)

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