     |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)  RSS available
You are not signed on; if you are a visitor please register for a free account!
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Your Daily Spain Update. SAVED or not SAVED?; entered at 2012-07-26 08:41:56 | |||
|
Henri Posts: 191 Registered: 2007-09-23 europe 
|
So the drop is obviously linked to the Draghi speech, like the jump on the EUR and the spectacular euro stock market rally. Curiously, bond yields started to seriously tank in the wee hours of the morning here (8 am GMT) -- a few hours before Draghi spoke (11 something am). Did someone know something? Look at today's move in the 10 year yield of any of the PIIGS countries bonds, and superimpose the stock index of that same country, you'll see the 3-hour delayed reaction. Just sayin'... 2012-07-26 08:41:56
| |||