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Europe Debt Crisis Abates As Traders Expect Yield Spreads To Narrow Four months after a European Union-led bailout, the worst is probably over for the region’s most-indebted nations, as traders expect yield spreads to narrow. Yields on government bonds of Greece, Spain, Ireland and Portugal will likely fall to within 2.2 percentage points of benchmark German bunds on average within the next two years from 4.61 percentage points last week based on consensus forecast. Traders are confident that austerity me

Author
Rhb Invest
Language
EN

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