The Most Important Chart In Europe Is Having A Gigantic Day

Another huge endorsement of Mario Draghi.

The Spanish 2-year yield is collapsing, with borrowing costs falling below 3%.

As Draghi says that ECB bond purchases will be focused on this area, this is a clear sign that the market takes him seriously.


Photo: Bloomberg

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

moneygame-us spain