Slope of Hope vs. Reality: Greek Assets Hammered, 3-Year Yield Near 17%; Worst Day Ever for Greek Bank Stocks
January 29, 2015 0

Slope of Hope vs. Reality: Greek Assets Hammered, 3-Year Yield Near 17%; Worst Day Ever for Greek Bank Stocks

By News Desk

The yield curve may look strange to some, but here’s the three-part explanation: Mid-range bonds will be hammered the most in any haircut deal.  Yield on the 3-month bond spiked since the end of December.  The market is pricing in the possibility of a default, but not within 3 months. National Bank of Greece 15-Minute Chart Shares of National Bank of Greece closed about 22% lower today. At one point they were down about 28%

Swiss Franc Yield Curve Negative for 12 Years; Bond Crash – Austrian Bank Raiffeisen; Another One Bites the Dust
January 28, 2015 0

Swiss Franc Yield Curve Negative for 12 Years; Bond Crash – Austrian Bank Raiffeisen; Another One Bites the Dust

By News Desk

Bloomberg reports Raiffeisen Debt Signaling Distress as Currency Woes Mount Raiffeisen Bank International AG (RBI)’s junior bonds slumped to levels typically viewed as distressed after gains in the Swiss franc added to woes triggered by the tumble in the Russian and Ukrainian currencies. Subordinated bonds sold by the Vienna-based lender slid as low as 63.4 cents on the euro, with yields of as much as 10 percent, after trading at 91 cents at the start of December, according to data compiled by Bloomberg

Clash Over Sanctions: Syriza Opposes Sanctions on Russia, Calls Them "Neocolonial Bulimia"; Negotiation Rules
January 28, 2015 0

Clash Over Sanctions: Syriza Opposes Sanctions on Russia, Calls Them "Neocolonial Bulimia"; Negotiation Rules

By News Desk

Bloomberg reports Greece’s Coming Clash in Europe Starts With Russia Sanctions . Prime Minister Alexis Tsipras’s Syriza-led coalition said it opposed a European Union statement issued in Brussels Tuesday paving the way to additional curbs on the Kremlin over the conflict in Ukraine, and complained it hadn’t been consulted.“Greece doesn’t consent,†the government said in a statement.

EU Exploits Paris Attacks to Build US-Style Police State in Europe
January 28, 2015 0

EU Exploits Paris Attacks to Build US-Style Police State in Europe

By News Desk

Links EU Exploits Paris Attacks to Build US-Style Police State in Europe January 28, 2015 ( Vladimir Platov – NEO ) – After the bloody events in Paris, when journalists of Charlie Hebdo were murdered in the broad daylight, all across the globe numerous journals have been discussing who could benefit from this tragedy.In some countries (primarily Muslim) the manifestations against the provocative publications of controversial cartoons of the Prophet that mocked the religious feelings of all Muslims are still on the rise. Some experts have linked these provocative anti-Muslim cartoons with the acquisition of Charlie Hebdo by the Rothschilds in December 2014, the latter of whom are constantly worrying about their profits