In 2012, an article in the Wall Street Journal contained the following observation: The fact that Spanish
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In 2012, an article in the Wall Street Journal contained the following observation: “The fact that Spanish short-term yields are shooting higher than long-term yields is a particularly bad sign.” Why might this development in the market for Spanish government bonds indicate that investors feared that the Spanish economy would enter a recession?
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Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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