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Peripheral European Bond Risk Surges To 2-Month Highs
The last few days have been the worst for peripheral European bonds in well over a year. Spain, Italy, Greece, and Portugal have all seen yields jump and credit spreads soar in the last week as 'faith' in Draghi appears to be faltering. The reason this is concerning is, as we explained here, in the new normal, negative feedback loops have gone and instead we have hyperbolic loops which, when broken, end much more badly than a self-correcting un-rigged market would.
By way of example, here is Italian bond risk...
and that new Greek bond issue is underwater...
and the entire European periphery in the last week...
this can only last so long...
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BREAKING NEWS - no one cares, buy the dip
As long as this bond-market insanity finally comes to an end.
"Which one?" and
"Cue all of the above"?
exactly, after Home Depot's conference call "kick save, and a beauty" after their horrendous Q1 #'s, the Dow is headed straight to 17K...
Compared to where yields were, this isn't much of a move. The Dragqueen put is still in play.
This should be going back to NORMAL....
Talk a bit about a nordic euro and let's see those rates go hyperbolic :)
I like it when you talk dirty to me like that. The thought of a Neuro makes me hyperbolic.
this "new normal" is so much better than what would have happened if the central printing fucks let the economic cycle runs its course in 2008-2009. we would have bottomed in 2011-2012 and actually begun a new economic growth cycle, with much less debt, lower prices and much better job creation. as it is, 5+ years later, they print to extend the misery. only in these fucks' minds is this still good. they should all be shot for treason.
re "5+ years later, they print to extend the misery" - the common theme about the eurozone is "they refuse to print"
How to transform an independent country into a banksters colony
?nother reason why international banksters and speculators rushed to lend the Greek government
http://failedevolution.blogspot.gr/2014/04/how-to-transform-independent-...
Funny how hyperbole leads to hyperbolic.
It's nice to see someone use the term "negative feedback" correctly for a change. I grow weary of people assuming negative = bad and positive = good regarding feedback polarity in a technical (stability) context.
p.s. Hardly_Zero, this is your cue!
Tuesday, April 26th, 2011
"Italy will be instrumental in the fallout which will trigger the involvement of global powers in a war – all these events are inevitable, but prayer can ease suffering. Pray, My daughter, that people will turn to Me and ask Me for help and guidance through these times of turmoil."
http://www.thewarningsecondcoming.com/arab-uprising-spark-global-unrest-...
If things get rough across the globe expect eyes to return to problems in Europe, where they continue to talk. I have not written much about the Euro-zone as of late because nothing is really happening. The Euro-zone is engaged in a talkathon.
With fear of an immediate collapse off the table the members of the Euro-zone much like their political counterparts in America just talk about solutions without any action. For us in America news from across the pond dribbles out in small doses with almost daily media boost of promises that things are getting better. For more on all of "what is not happening" see the article below.
http://brucewilds.blogspot.com/2014/04/euro-zone-update.html