Greenspan and Geithner Duke it Out in Verbal Currency Wars

November 11, 2010

With G20 leaders meeting in Seoul, South Korea, bond market strains on the euro area peripherals — Ireland, Portugal, Greece, Spain and Italy — intensified.  The Irish-German ten-year spread widened past 650 basis points.  ECB member Stark denied the fiscal problems of these members constitutes a euro crisis per se.  Another ECB member reiterated that […] More