The data we use to draw the eurozone yield and spread charts in the sidebar often comes to us via e-mail from a friend of the blog. Lately this has not been happening and we have resorted to the Financial Times for most of the numbers. We could, however, also turn to to Bloomberg.The chart on the left shows the Friday closing Spain 10-year bond quote for the last few weeks according to each of these sources. A deal to sell in New York every weekend the Spanish debt we had just bought in London would have netted us 58 bps in 6 weeks. Worst week - +4. Best - +16.
A test run, perhaps, for the privatization of the ECB?
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