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The Draghi Miracle (1)- Italy's and Spain's government bonds within a percentage point of 10 year U.S. Treasury bonds at 2.68% and within 2 points of German bonds at 1.56% in April 2014

04/09/2014

The success of Draghi's effort to lower yields of government bonds of Italy and Spain is seen by April 2014, a condition for recovery programs to work in the two key eurozone countries. The stronger euro has given investors higher yields compared to U.S. Treasury debt. Draghi shows exceptional leadership in the eurozone crisis, and is able to deftly address opposition from the Bundesbank's Jens Weidmann.

Grouped Articles

Bonds of Italy, Spain Narrow Gap With U.S., German Yields

Wall Street Journal 04.09.2014

As Bond Markets Twist, Investors Shout

Wall Street Journal 06.10.2014


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