My name is Bond, Scary Bond

The list of EU countries causing investors concerns is growing as their bond yields goes up. Besides the usual suspects Spain and Italy, France, Belgium, the Netherlands and Austria saw their bond yields on the rise.

­French 10-year bond yields have been rising sharply in the last few weeks – rising to 3.7%. Dutch bonds reached 2.4 percent and Belgian ones went up to 4.9%, stretching the spread with the benchmark German 10 year bond. Spain's government bond yields are now above 6% for the first time in three months.

Italian 10-year bonds slipped above 7% only to fall in anticipation of the announcement of the country’s new cabinet.    More Read