This week has again seen the resurrection of the European debt crisis as the world pays close attention to BOND prices in EURO BONDS. Yesterday saw the German Schatz fall to an all-time-low of 9 BASIS POINTS. Today as some calm was restored to the Spanish and Italian debt markets, the yield on the German 2-YEAR increased to 14 BASIS POINTS. Prompting the rally in the PERIPHERAL DEBT PRICES was a comment by ECB Executive Board Member Benoit Coeure.
