—- EuropeIsFixed: SpanishYieldsTumbleTo 8 YearLows (BelowUSTreasuries) // ZeroHedge Isitanywonder Mario Draghididn’tlift a quantitative-easingfingerthisweek? Despite record unemployment, record (and disastrous youth unemployment), record suicide rates, record non-performing loans, and an inextricably-linked banking system facing $3 trillion in exposure to emerging markets… Spanishbondyieldshavecollapsedtotheirlowestsince 2006 (andItalianclosebehind). With an entirelybrokentransmissionmechanismofmonetarypolicy, it seems the "market" for European bonds knows no bounds as spreads on the riskiest sovereigns drop to pre-crisis … Seguir leyendo Europe Is Fixed: Spanish Yields Tumble To 8 Year Lows (Below US Treasuries)