The ECB Has A Huge Dilemma: Price Stability Or Bail Out Nations
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The ECB Has A Huge Dilemma: Price Stability Or Bail Out Nations

Authored by Mike Shedlock via MishTalk.com,

Hello ECB president Christine Lagarde, what you gonna do?

Eurozone bond yields from ECB, current month from Investing.com, chart by Mish

The spreads between German government bonds and those of the PIGS (Portugal, Italy, Greece, and Spain) have skyrocketed in recent weeks. 

This comes while Eurozone inflation is at a record high 8.1 percent.

Eurozone Inflation...

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