Friday, June 22, 2012

Spain's Historical Interest Rates from 1821 to present

Spain has had much higher interest rates historically. Previous investor panics reflected in 10 year bond yields in 1820, 1831, 1834, 1851,1867, 1872, 1882 and 1936.












Source: Global Financial Data

Interest rates could soon rise to 16% and more if history is any guide.

Geir Solem

elliottwavetechnician.com
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