Industry NewsMarkets & Economy

Europe’s situation is precarious and deteriorating

Commentary: Cyprus will find a solution, but other 'bail-ins' could spark bank runs
Published on Mar 22, 2013 | Updated on May 3, 2013

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by CareyBot

Long-term rates, the 10-year T-note and mortgages are approaching their 2013 lows because of Cyprus -- which could disappear in a volcanic explosion (as did nearby Thera) and do no particular harm to the global economy.