24th November 2011

BNY Mellon: Prime Minister Zapatero goes, but the Spanish inquisition continues

Diversified Target Return Fund
Aiming for positive returns regardless of market direction

Prime Minister Zapatero goes, but the Spanish inquisition continues

  • Despite the political changes afoot in Spain, Spanish bond yields remain worryingly high
  • The election of a new government is a positive for both Spain and the Eurozone, says Newton’s Tom Beevers
  • Short-term market volatility seems likely, but there are signs of progress in the Eurozone
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