Italy – Germany 10 Year Bond Spread Source: Bloomberg The above chart shows the spread between Italian 10 year bonds and German 10 year bonds. I found it via Paul Krugman’s blog. As Krugman suggests it looks like things are starting to look pretty grim again in Euro land as the spreads are heading towards …
Daily Archive: July 28, 2011
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Jul 28
Inflation Up? Not really just interest rate rise panic
The above chart has been copied from www.rba.gov.au and shows annual CPI change over the last 16 quarters and guess what? The latest quarter’s figure, excluding volatile items is 2.5%! Right in the middle of the RBA’s inflation target of 2% to 3%. When the Reserve Bank looks at inflation they do not, or should not, consider …
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