Is Portugal the New Greece?

03 Feb 2010

The European sovereign debt market has been wracked with volatility in recent weeks. February began on a somewhat quieter note. But that changed on Wednesday with spreads spiking upwards once again, and unusually Greece wasn’t the catalyst. This time it was Portugal that was driving the market wider.

By Gavan Nolan, credit analyst, Markit

The European sovereign debt market has been wracked with volatility in recent weeks. February began on a somewhat quieter note. But that changed on Wednesday with spreads spiking upwards once again, and unusually Greece wasn’t the catalyst. This time it was Portugal that ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial