ROME & ATHENS – WE HAVE A PROBLEM!!!!
Italian 2 year bond yields soaring: http://www.bloomberg.com/apps/quote?ticker=GBTPGR2:IND
Greece 2 year bond yield at all-time record of 84%: http://www.bloomberg.com/apps/quote?ticker=GGGB2YR:IND
Stock markets are plunging around the world. It seems you can’t solve a debt crisis by issuing more debt. Who’da thunk it.
Get ready for the next comprehensive agreement to save the world.
Goodbye 9 Handle: BTP Collapses To 89.5, Down 4.3% On The Day; Next: Bidless?
Submitted by Tyler Durden on 11/01/2011 08:51 -0400