10 Year BTP = 6.66%; Italian Treasury Cancels November 10 Bill Auction

Tyler Durden's picture

Save this one for the archive files: The Italian 10 Year yield is now at precisely 6.66%. Alas, we doubt it will stay here for long: the Italian Treasury just announced it was cancelling its November 10 3 Month BOT auction due to, wait for it, "lack of specific cash requirements." Stick a fork in it.