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.

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
Slope of Hope's picture
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
Biosci's picture
Why not? They did. 
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Thu, 08/02/2012 - 10:13 | 2672071 Pladizow
Pladizow's picture
Hopium is now being cut with baking soda!

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.