Spanish Bonds, Meet Satan

Tyler Durden's picture

We expect Spanish scapegoating for today's latest bond debacle to focus on the devil in 5...4...3...

Spanish 10Y yields are at 6.666%...

Also beware of Spanish bonds sniffing bath salts: they have been known to rip faces off (per recent domestic zombie outbreaks).

Chart: Bloomberg

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AlaricBalth's picture

Ay Caramba!! Espana se atornilla!! El diablo anda suelto!!!


queue the rumor about the rumor about the bailout of Spain and we can all go back to business as usual. 

The trend is your friend's picture

Flooores....flooores....Floores para muertos

LeonardoFibonacci's picture

My name is

Louis Cyphre 666 & i aim to please you!!!!!!


eclectic syncretist's picture

meanwhile the UST 10yr bond yield is down 87% over the last 30 years and still firmly ensconced in the decades old downtrend towards zero and possible even lower than that!

CClarity's picture


Bring on the Exorcist Central Bank . . . ECB . . . and the Euro drops to a 1.23 handle AND Santelli mentions ZH on the evil network

ChelseaAggro's picture

Spanish bonds ARE Satan.


Cognitive Dissonance's picture

Sorry. My bad. I wanted to see if I could summon the dead (fiat) and called up the devil by mistake.

slackrabbit's picture

SO was it Rockefeller or Rothchild its so hard to tell these days....hey didn't they judge merge today?

Overfed's picture

Rockefellers and Rothschilds have joined forces to become the Voltron of the AntiChrist.  Gawd, I wish I could Photochop.

Wakanda's picture

As in most endeavors, CD is spectacularly successful.

Cognitive Dissonance's picture

Looks like I was successful with Gold. Nice woodie.

Or maybe it's just the Golden middle finger to the fiat printers.

Gold Finger

papaswamp's picture

I think it is due to continued demand, but price manipulation compressing the price of pure refined gold down to raw material cost levels. Mines will have to shut down causing a supply side problem....then pow the price will shoot through the roof. It's interesting there doesn't seem to be any sovereign banks dumping any more on the markets.

Additionally, what Santelli said was very interesting about someone quickly pumping back into the LRTO due to not being able to meet the requirements of the loan. THings could accelerate out of control very quickly.

slackrabbit's picture

We have lift off...or is that an express elevator to hell? Going down!


6.666%.....god has judged Spain, and it has been found and lots of money......pretty much like everyone else

Azannoth's picture

I am sure the Spanish will take this as an good Omen .. or .. maybe not

Dr. Engali's picture

That's it. That number has popped up too much lately. I'm out of here.

DoChenRollingBearing's picture

ZH just mentioned by Santelli on CNBC...

DoChenRollingBearing's picture

I did not catch much, he referred to one of ZH's recent columns...  Maybe Spain, sorry I forget.  I was fixated on getting the newsflash here, and forgot what he said.

NotApplicable's picture

"I pity the fool who don't read ZH!"

kahunabear's picture

ZeroHedge just mentioned on CNBS by Santelli. Cool.

Wakanda's picture

(Almost) nobody expects the Spanish implosion.


Holy shit! Rick Santelli just quoted ZeroHedge! And gave props!

Dr. Engali's picture

Did he happen to mention anything about Einhorn's guest appearance privileges being revoked?

slaughterer's picture

Santelli referencing ZH on CNBS was the "Secret Sign" (wink, wink, wink) to go LONG EVERYTHING "BALLS TO THE WALLS" at that very second. 

slaughterer's picture

Let's see who wins the "junk me" "down arrow" contest today.  Anybody who accumulates more than a 100 down arrows gets a few FB puts. 

Henry Chinaski's picture

I junked you for replying to your own post and thereby engaging in buffoonery. 

In some circles, a junk is a badge of honor.

slaughterer's picture

Good work.  To associate a junk with honor is really an inverted junk.   So I had to junk you.   

RacerX's picture

wow someone has got the "-1" disease today. no sense of humour.

Wakanda's picture

They get paid by the click.

Wakanda's picture

Use them to keep warm next winter.

LetThemEatRand's picture

I recall that they did use the Iron Maiden in the Spanish Inquisition.  Coincidence?   I think not.

gatorengineer's picture

Do they have to pay the RIAA royalties if they use Iron Maiden..... Two minutes to midnight during the crash would be excellent.................

potlatch's picture

the face eating will continue until confidence returns

trgfunds's picture

Oh Jesus I just saw CNBC quote a zerohedge article. The end of the world is near.

slackrabbit's picture

OMG 6.666, R & R merge and Rick mentions ZH on TV - the stars truely are in alignment...


~June 1, 2012 : Triple Line Up: Mercury – Venus – Earth (middle long)

Mercury: god of trade, thieves, and travel

Venus: principally associated with love, beauty, sex, fertility, presperity and military victory

Earth:  was the great mother of all: the heavenly gods, the Titans and the Giants were born from her union with Uranus (the sky), while the sea-gods were born from her union with Pontus (the sea).

Uncle Remus's picture

Only 205 redemption days left until the, ahem, shortest day of the year.