It is true that Spain’s risk premium at the time exceeded the 600 basis points and after the intervention of Mario Draghi on day 5 has come down from 140. Also, the threat of a euro area breakup is appeased. However, “the prospect of negative deposit rates from the ECB might produce different dynamics which might have implications for short dated government bonds,” BV point out.
Columnist for El País and a contributor to SER (Sociedad Española de Radiodifusión), was the first editor-in-chief of The Corner. Currently based in Madrid, she has been a correspondent in New York, Beijing and Paris for several international media outlets such as Prisa Radio, Radio Netherlands or CNN en español. Ana holds a degree in Journalism from the Complutense University in Madrid and the Sorbonne University in Paris, and a Master's in Journalism from Spanish newspaper El País.
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