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RANsquawk European Morning Briefing - 08/11/11
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- Austrian bond auction for EUR 0.500bln, 4.00% Sep’16, bid/cover 2.272 vs. Prev. 2.54 (yield 1.960% vs. Prev. 4.480%)
How is that fucking possible?
Greek 6-month T-Bill auction for EUR 1.3bln (incl. EUR 300mln non-comp. bids), bid/cover 2.91 vs. Prev. 2.73 (yield 4.89% vs. Prev. 4.86%)I thought the interest on the 6 months greek t-bill was around 500%?? WTF?
Japan is taking tips from Olympus, and buying up everything at inflated prices to launder their losses.
Whatever's happening today, it's obviously mega bullish.
Until it is not and the Italian budget vote fails...
Italian bund spread is at 477 points, WHERE'S THE GODDAMN RAISE ON MARGINS?
Fucking junk. I quit.
Good Citizens of Metropolis!
There's no collapse coming.
The future?
We stagger along like a gut-shot bear till the next world war.
http://fucklloydblankfein.blogspot.com
Italy to sell some of its Gold reserves.
Japan China and Inda will take over the world at this rate.
PP - Breville BES860XL | DeLonghi ESAM3300