{"id":32793,"date":"2012-05-31T03:12:00","date_gmt":"2012-05-31T03:12:00","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/economists_credit-crunch_index-credit_now_tighter_in_the_euro_area_than_at\/"},"modified":"2012-05-31T03:12:00","modified_gmt":"2012-05-31T03:12:00","slug":"economists_credit-crunch_index-credit_now_tighter_in_the_euro_area_than_at","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=32793","title":{"rendered":"Economist&#39;s Credit-Crunch index&#8211;Credit Now Tighter in the euro area than at Height of 2008 crisis"},"content":{"rendered":"<p>The euro crisis drags on and on. Spanish yields on ten-year debt hit 6.6% on May 30th, just ten basis points lower than last November&#8217;s nadir, as the costs of sorting out Spain&#8217;s banks sink in. With ten-year US Treasuries now at a 60-year low, investors are heading across the Atlantic for the perceived safety of the world&#8217;s second-largest debt market. According to The Economist&#8217;s credit-crunch index, credit is now tighter in the euro area than it was at the height of the financial crisis<\/p>\n<p><a href=\"http:\/\/www.economist.com\/blogs\/graphicdetail\/2012\/05\/daily-chart-19\">Read it all and make sure to see that chart on the top left<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The euro crisis drags on and on. Spanish yields on ten-year debt hit 6.6% on May 30th, just ten basis points lower than last November&#8217;s nadir, as the costs of sorting out Spain&#8217;s banks sink in. With ten-year US Treasuries<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=32793\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,595,149,591,200,590,585,596],"tags":[],"class_list":["post-32793","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-credit-markets","category-economy","category-euro","category-europe","category-european-central-bank","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32793"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32793\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}