The pain in Spain appears to be about to get worse. Yields on 10-year government bonds rose 22 points to 5.93%, following an announcement from the Catalonia region that a ... Read Full Story »
For those of us who spent Sunday doing something other than reading financial news, German magazine Der Spiegel ran an unsourced story claiming that the European Central Bank (ECB) planned ... Read Full Story »
Yields on 10-year Spanish bonds rose 27 basis points today to 6.80%, an all-time high. The country’s main stock exchange, the IBEX fell 1% and the Stoxx Europe 600 fell ... Read Full Story »
The yield on 10-year Spanish bonds rose above 6% this morning in reaction to the turmoil in Greece and fears that it would spread to Spain. The differential between Spanish ... Read Full Story »
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP ... Read Full Story »