ULTRA-DOOM!!! Italy's 10 year bond rate breaches 7%

[russell]

[d000hg]

It's sweet how you're holding onto Sas' apron-strings.

[russell]

It's sweet how you're holding onto Sas' apron-strings.

Yeah only Sas is allowed to post about the biggest economic story since the great depression. What a moron you are.

[d000hg]

Yeah only Sas is allowed to post about the biggest economic story since the great depression. What a moron you are.

You're upping the nastiness slowly, back to your old ways?

Italian bond % is Sas' hobby-horse, you probably never heard of it before this week.

[sasguru]

You're upping the nastiness slowly, back to your old ways?

Italian bond % is Sas' hobby-horse, you probably never heard of it before this week.

Exactly. Plus you're meant to post a linky to evidence

[russell]

You're upping the nastiness slowly, back to your old ways?

Italian bond % is Sas' hobby-horse, you probably never heard of it before this week.

I worked in fixed income at an investment bank last year where they constantly analysed the bond rates of the PIGS countries and the banks exposure to them, I sat beside traders and worked on a system to record their analysis. Sorry but I think you are wrong, sorry about the moron comment, that was out of order.

[suityou01]

I may be wrong but I think the chance of breaching 7% went down after this

Italian PM Silvio Berlusconi says he will not stand if Italy holds early elections, after promising to resign as soon urgent budget reforms are passed.

which is what I think the ECB were holding out for. Now that he is out of the way (longer term) they may well come to the rescue in the next few hours with some freshly printed money (even though it's not in the treaty ) or a rate cut.

We will see.

Flame away SAS

[russell]

I may be wrong but I think the chance of breaching 7% went down after this



which is what I think the ECB were holding out for. Now that he is out of the way (longer term) they may well come to the rescue in the next few hours with some freshly printed money (even though it's not in the treaty ) or a rate cut.

We will see.

Flame away SAS

Italy Govt Bonds 10 Year Gross Yield Analysis - GBTPGR10 - Bloomberg

[suityou01]

Italy Govt Bonds 10 Year Gross Yield Analysis - GBTPGR10 - Bloomberg

Then we are all ****ed.

HTH

[alreadypacked]

I worked in fixed income at an investment bank last year where they constantly analysed the bond rates of the PIGS countries and the banks exposure to them, I sat beside traders and worked on a system to record their analysis. Sorry but I think you are wrong, sorry about the moron comment, that was out of order.

Tea boy?