Spanish bond yields hit 6%, Italian banks halted

tendermyshares
SEC Governor

Posts: 3,381

Spanish bond yields hit 6%, Italian banks halted Apr 10, 2012 10:19:18 GMT -5

Post by tendermyshares on Apr 10, 2012 10:19:18 GMT -5

Spanish 10 year hits 6%, some Italian banks halted limit down into the close, in general European periphery bond yield spreads continuing to widen.

Not sure if this is due to US numbers Friday, German comments about no firewall increase necessary, or something else.

This may explain the negative bias in US markets and gold today.

Last Edit: Apr 10, 2012 10:19:49 GMT -5 by tendermyshares

Bob Newhart at vintage Don Rickles roast: I remember when I was starting out, Don pulled me aside. We have a saying in our business, be nice to people on the way up, because you meet the same people on the way down. Don told me, "You meet entirely different people, and to hell with them."

Clinton SPX Quant Posts: 23,536	Spanish bond yields hit 6%, Italian banks halted Apr 10, 2012 10:22:54 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Clinton SPX on Apr 10, 2012 10:22:54 GMT -5 Looks like they need to print more money

novice08 SEC Governor Posts: 4,333	Spanish bond yields hit 6%, Italian banks halted Apr 10, 2012 10:25:20 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by novice08 on Apr 10, 2012 10:25:20 GMT -5 Spanish unemployment at 25% too...pretty scary stuff.
	Remember, I could be wrong.

Clinton SPX Quant Posts: 23,536	Spanish bond yields hit 6%, Italian banks halted Apr 10, 2012 10:27:05 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Clinton SPX on Apr 10, 2012 10:27:05 GMT -5 Austerity is logical but does it really work? Im beginning to believe it makes things worse

Spanish bond yields hit 6%, Italian banks halted

Post by tendermyshares on Apr 10, 2012 10:19:18 GMT -5

Post by Clinton SPX on Apr 10, 2012 10:22:54 GMT -5

Post by novice08 on Apr 10, 2012 10:25:20 GMT -5

Post by Clinton SPX on Apr 10, 2012 10:27:05 GMT -5