Europe Debt Concerns

What's Next? I came across this report by Wells Fargo Securities on their perspective of the Europe debt crisis development. The report can be accessed here.

Good points made on the debt refinancing challenges faced by Portugal, Spain and Italy in the coming months of 2011. Presumably the picture will get clearer by mid year, though the inverted yield curve on Portuguese government bonds bodes an ominous sign. Whether this is a ticking time bomb or not, only time will tell.

Meanwhile, investors sit tight.