From Bear Stearns to Anglo Irish : How Eurozone Sovereign Spreads Related to Financial Sector Vulnerability »
Series: IMF Working Papers
Author(s): Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2009
Keywords: sovereign bond, bond, debt ratios
This paper attempts to explain the recent rise and differentiation of sovereign spreads across the countries of the eurozone. Following the onset of the subprime crisis in July 2007, spreads rose but mainly on acco...