Options Wonderland

[3xBuBu]

interesting observation:
Financial stability is quickly deteriorating in Europe according to bond spreads and swap rates. This past week, Irish and Greek 10-year sovereign bond yields surged to records as fears that Germany’s attempts to make bond holders responsible for a portion of future losses chocked off already feeble confidence in the underperforming nation’s around the EU. So far, this troublesome development has been pushed to the background; but if growth figures show the trouble is on both sides; it will be far more difficult to ignore.