Spain 10-year bond yield 7%

[Letsbereal]

Spain 10-year bond yield 7% http://www.bloomberg.com/quote/GSPG10YR:IND

[Letsbereal]

Yields on Spanish bonds rise above 7%
9 July 2012, by Barbara Kollmeyer - Madrid (MarketWatch)
http://www.marketwatch.com/story/yields-on-spanish-bonds-rise-above-7-2012-07-09

The yield on Spain's 10-year government bond pushed above the 7% level on Monday, continued a march higher that began last week.

The yield last traded up 12 basis points to 7.04%, according to Tradeweb.

Many analysts believe that borrowing costs that stay above that level are unsustainably high for governments.

A Eurogroup meeting of finance ministers will gather in Brussels on Monday to discuss measures to combat the sovereign debt crisis that were decided just over a week ago.

But yields have crept up again for Spain as investors worry leaders have lost momentum over the measures.

The yield on Italy's 10-year government bond , also moving higher in step with Spain's, rose 12 basis points to 6.15%.

Read the full story: Spain, Italy bonds sink ahead of EU meeting http://www.marketwatch.com/story/spain-italian-bonds-sink-ahead-of-eu-meeting-2012-07-09

[shipgeek]

Can hardly wait to see the whole thing collapsing.

I am not sure if it ever will collapse but I would sure love to see it

this might be the only way for mentalities to change and the only chance to see the hordes of sheep becoming more human instead of remaining the robots they are

though it seems that the PPT are always at work everywhere so I am not sure whether the system will ever collapse.