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That Was Fast: Spain Back Over "Critical" 7%, Punk'd By Draghi

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 02 Aug 12 6:47 PM | 58 view(s)
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Submitted by Tyler Durden on 08/02/2012 10:00 -0400

Italy

While absolute yields are back over 7% for 10Y Spain (and over 6% for Italy), the spread has retraced over 60% of the gains post 'believe' speech.

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http://www.zerohedge.com/news/was-fast-spain-back-over-critical-7-punkd-draghi?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

LOL

Slope of Hope
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Off topic, but just got a morning email from Morningstar rating Knight a 5 star stock - you can't make this stuff up!

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Thu, 08/02/2012 - 10:03 | 2672023 Biosci
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Why not? They did. Smile

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Thu, 08/02/2012 - 10:13 | 2672071 Pladizow
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Hopium is now being cut with baking soda!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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