Sovereign spreads and Target2 anomalies in the eurozone

Widening risk imbalances between eurozone member states threaten monetary union, says Italian regulator

Eurozone curves
Risk.net montage

The dissolution of the single interest rate curve for all member states is among the most important legacies of the eurozone crisis. In fact, for the past 10 years – about half the life of European economic and monetary union – within the common currency area there are as many rate curves as the number of participating countries. Today there are 19 different yield curves, and the differences between these curves give rise to the well-known phenomenon of yield spreads.

All this is in clear

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: