Analysis: Bond markets have good news for Europe

01/20/2013 | Economist (tiered subscription model), The

Demand for Spanish and Italian government bonds is growing steadily, and that's good news as "positive contagion" sweeps through Europe, according to The Economist. "Confidence in bond markets is being seen as a turning-point in the crisis," the magazine notes. "Yet some of the vital signs may be misleading. One worry is that the connection between weak banks and weak governments may have strengthened again in recent months."

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Economist (tiered subscription model), The

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