I have always contagion on the negative terms as it has been evolving and spreading  since the 2007.download

Was observing the great Euro zone Yield convergence at Bloomberg from the FT dash-board  –

…let’s not forget about one thing. We speak a lot about contagion when things go poorly, but I believe that there is also contagion, positive contagion, when things go well. And I think this is in play now. There is positive contagion.  – Mario Draghi,  ECB President

The Key Data Points

German 10-year Bund 5 bps higher; Continue reading