Monday, August 22, 2011

Re-asserting Gravity and Common Sense to Europe's yields

H/T Pater Tenebrarum, Action Man Blog, linked here.

This chart is from the German IFO Institute and shows the development of euro area member nation bond yields since the euro's introduction was decided upon. The German legend that shows the three decisive periods reads: 1. 'exchange rates to the euro fixed' , 2. 'virtual euro introduced', 3. 'actual euro introduction' .

More images on similar affects may be viewed from here.



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