Mises Wire
Author:
Daniel Lacalle
Online Publish Date:
Despite the unprecedented increase in the European Central Bank’s asset purchase program, the spread of southern European sovereign bonds versus German ones is rising. White: Italy 10-Year vs. German 10-Year | Orange: Spain 10-Year vs. German 10-Year | Yellow: Portugal 10-Year vs. German 10-Year The ECB balance sheet has soared to more than 42