spain 5 yr cds 0514

Armored Wolf: Without QE, We may Have Seen Double Digit Deflation

Italian, Spanish 5 year credit default swaps (CDS)
Italian five-year credit default swaps (CDS) tightened 0.19% in April while Spanish five-year CDS tightened 0.15% from 1.05% to 0.90%, even though both counties still face serious economic difficulties. Spain still has a lot of external debt and employment growth is partially due to falling wages, creating another hurdle down the road. Italy is still in recession and has official unemployment of 12.7%, with some . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 2 subscribers whichever comes first – please do not share this discount with others