10-Year Spain-German Bond Spread Makes New High Again (374)

The 10-Year Spain-German Bund Spread made a new high today. Weak U.S. and European manufacturing growth could be responsible (read: Bunds Climb, Italian, Spanish Bonds Drop After U.S. ISM Data), and/or it's related to Spanish credit risk. It is just interesting to see this bond spread keep making new highs after it broke out in early July.

Image source: Bloomberg.com