by Simon Bond

A picture tells a thousand words, in this case maybe trillions of words depending on Europe.

Below are 2 charts, the first is a global comparable of 10 year Bond rates. As you can clearly see rates in the Euro area remain at record lows. The far right side displays the change in percentage terms. The reasons speak for themselves.

The chart below is the most recent "youth unemployment" rate. The criteria is for those aged 15 to 24. Something to think about over your Latte this morning.