This page has been archived and commenting is disabled.
Spain-AAA Spread Just Broke 450 bps: LCH Margin Hike Alert
Why is 450 bps important? That is the threshold (as explained before here and here) beyond which LCH goes all medieval on one's bond holdings.
Either the ECB gets involved here, and fast, and activates the SMP emergency bid, or else the central bank is sending a very loud signal to the country which is now betting Draghi will keep quiet as he accepts Spanish bonds in repo pledged by Bankia.
A signal which is bad to quite bad for those in the cheap seats.
»
- 10486 reads
- Printer-friendly version
- Send to friend
- advertisements -
Can you say 'buenas noches'? Sure you can!
Maybe ADIOS AMIGOS would be more appropriate.
A Spaniard's response is De Puta Madre!
That's more Mexican, maybe MIARDA!!! o A LA VERGA!!!
bonos tostados?
... or Hasta la Vista, Baby
Possible zombie outbreak alert. Naked man was eating the face off another man, failed to respond to police, was shot, kept eating the man's face, police officer shoots him several more times. Police theorize it was "cocaine psychosis".
http://www.miamiherald.com/2012/05/26/2818832/naked-man-shot-killed-on-macarthur.html
and a whole new visual is created for the term "saving face"
Its was a change breakout
http://www.southparkstudios.com/clips/248462/attack-of-the-change
Maybe he was just hungry.
Sounds like another police murder. Glad I left florida.
the guy whose face was being eaten might have another perspective.
Fuck that!!! First case of ZOMBIES!!!!
Ah, great news!.
Together with the superoptimistic Greek polls, that explains today's surge of stock market indexes EU-wide.
We've just touched the bottom, I'm going all in!
Pledgable collateral for repo. The ECB truely is outdoing themselves here, you could make a halarious analogy to what is being pledged, but Spanish Sov's are funny enough themselves.
The drain circling is beginning to get alot faster.
Chef: Why do all you guys sit on your helmets?
Soldier: So we don't get our balls blown off.
Scary, isn't it? That Spanish housing bubble is killing their banks AND economy.
http://confoundedinterest.wordpress.com/2012/05/28/another-day-on-the-med-greece-improves-spain-and-bankia-slide/
Tony Blair just got owned lol
http://www.youtube.com/watch?feature=player_embedded&v=JR9AGdKOLb4
Why bother with the farce, just have the ECB back up the trucks with sacks of euros to bankia's door. At least Europe will feel loss buttraped if it's directly to their face.
Tyler, you worry too much.
This is BULLISH.
The 4th largest contributor/guarantor to the EFSF is days away from hitting up the same EFSF for a bailout.
But that ring fenced fire wall thingy is in place so nothing to see here. And in the worst case scenerio we can all fall back on the ECB - Zeeee price stability.
#btfd!!
That ring fence looks remarkably like a Mobius strip...
Can I have that with a (half) twist?
This is great if you are short Spains 10 yr. Every cloud has a silver lining.
in addition to function besides, more straightforward in appearance can let a person feel the characteristics of the season. The launch of the Nike Air Flow Summer was completely can let you experience a kind of strong Summer atmosphere. Meeting the basic demand of the functioning of the outside, this series the highlight of cheap air max 2012 shoes of the head of special braiding technology, and at the same time in the color is also the main and pure and fresh. As professional nike air max shoes, the Air Flow Summer in the insole, particularly after the insole with very good thickening designed to ensure that its good abrasion resistance, shoes to bring design grain perfect prevent slippery performance.