AUTOREFRESH 
Spain’s cost of funding dropping despite wider spreads
By Jamie Coleman || February 8, 2010 at 16:24 GMT
|| 1 comment || Add comment
Spanish deputy econmin Camapa says Spains funding costs are falling despite widening yield spreads because interest rates have fallen so far. He’s got a point. 2-year German notes are at the same yield as overnight depos, 1%. He says he believes that S&P will view Spain’s fiscal austerity plan positively.
Jamie..Did you notice that both CAC, and DAX are near their 200MA’s on their Daily Charts, ..it appears that were both just holding support today.