Here we go again. Just like we wrote about last night, the Eurozone continues to be a focus, with the Bond yields being the headline driver. At last check this morning, Italy 10 Year Bond Yield crossed 7% once again. Yields in other Euro zone countries are also on the rise to include the 2nd largest economy in the Euro zone… France.
It’s only a matter of time before the situation will require some severe intervention. Well actually, that time is now!