Weekly Eurozone Watch – Puff the Magic Draghi

Key Data Points German 10-year bund 23 bps higher; Italy 80 bps tighter; Spain 75 bps tighter; Portugal 54 tighter wider; Ireland 24 bps tighter; Greece 91 bps wider; French, Italian, Spanish banks up 5-15 percent.   Comments Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And [...]...