Credit Bubble Stocks
Thursday, October 28, 2010
Important Resource: Greek Bond Yields
Since Greece is the insolvent country bellwether, it is worthwhile to monitor the:
Greek 2 year bond yield
Greek 10 year bond yield
The yields have been ticking up the past few weeks. Higher yields on insolvent countries' debt is a sign of risk aversion, and risk aversion is bearish for the equity markets.
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