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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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Wed, 05/30/2012 - 11:35 | Link to Comment AlaricBalth
AlaricBalth's picture

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

Wed, 05/30/2012 - 11:37 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

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

Wed, 05/30/2012 - 11:52 | Link to Comment Wakanda
Wakanda's picture

I heard some hearsay about that potential rumor.

Wed, 05/30/2012 - 11:54 | Link to Comment The trend is yo...
The trend is your friend's picture

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

Wed, 05/30/2012 - 12:54 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

My name is

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

 

http://www.youtube.com/watch?v=g7DK8kZTBWE

 

Wed, 05/30/2012 - 15:19 | Link to Comment eclectic syncretist
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!

Wed, 05/30/2012 - 11:33 | Link to Comment CClarity
CClarity's picture

Damian!!!

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

Wed, 05/30/2012 - 11:29 | Link to Comment ChelseaAggro
ChelseaAggro's picture

Spanish bonds ARE Satan.

 

Wed, 05/30/2012 - 11:29 | Link to Comment FieldingMellish
FieldingMellish's picture

Religously bullish!

Wed, 05/30/2012 - 11:30 | Link to Comment Cognitive Dissonance
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.

Wed, 05/30/2012 - 11:35 | Link to Comment slackrabbit
slackrabbit's picture

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

Wed, 05/30/2012 - 12:24 | Link to Comment Overfed
Overfed's picture

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

Wed, 05/30/2012 - 11:37 | Link to Comment Wakanda
Wakanda's picture

As in most endeavors, CD is spectacularly successful.

Wed, 05/30/2012 - 11:51 | Link to Comment Cognitive Dissonance
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

Wed, 05/30/2012 - 11:51 | Link to Comment Wakanda
Wakanda's picture

Cntrl p or (and) bust!

Wed, 05/30/2012 - 12:09 | Link to Comment papaswamp
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.

Wed, 05/30/2012 - 11:34 | Link to Comment slackrabbit
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 wanting...money....lots and lots of money......pretty much like everyone else

Wed, 05/30/2012 - 11:32 | Link to Comment Azannoth
Azannoth's picture

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

Wed, 05/30/2012 - 11:33 | Link to Comment Dr. Engali
Dr. Engali's picture

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

Wed, 05/30/2012 - 11:34 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

ZH just mentioned by Santelli on CNBC...

Wed, 05/30/2012 - 11:37 | Link to Comment CharlieSDT
CharlieSDT's picture

What did he say?

Wed, 05/30/2012 - 11:59 | Link to Comment DoChenRollingBearing
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.

Wed, 05/30/2012 - 12:03 | Link to Comment NotApplicable
NotApplicable's picture

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

Wed, 05/30/2012 - 11:34 | Link to Comment kahunabear
kahunabear's picture

ZeroHedge just mentioned on CNBS by Santelli. Cool.

Wed, 05/30/2012 - 11:34 | Link to Comment Wakanda
Wakanda's picture

(Almost) nobody expects the Spanish implosion.

Wed, 05/30/2012 - 11:35 | Link to Comment SheepDog-One
SheepDog-One's picture

AY CARAMBA!!

Wed, 05/30/2012 - 11:35 | Link to Comment NERVEAGENTVX
NERVEAGENTVX's picture

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

Wed, 05/30/2012 - 11:37 | Link to Comment Dr. Engali
Dr. Engali's picture

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

Wed, 05/30/2012 - 11:45 | Link to Comment slaughterer
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. 

Wed, 05/30/2012 - 11:47 | Link to Comment slaughterer
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. 

Wed, 05/30/2012 - 11:58 | Link to Comment Henry Chinaski
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.

Wed, 05/30/2012 - 12:02 | Link to Comment slaughterer
slaughterer's picture

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

Wed, 05/30/2012 - 11:35 | Link to Comment RacerX
RacerX's picture

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

Wed, 05/30/2012 - 11:53 | Link to Comment Wakanda
Wakanda's picture

They get paid by the click.

Wed, 05/30/2012 - 11:36 | Link to Comment stinkhammer
stinkhammer's picture

Hi Rick!

Wed, 05/30/2012 - 11:36 | Link to Comment magpie
magpie's picture

Burn them ?

Wed, 05/30/2012 - 11:38 | Link to Comment Wakanda
Wakanda's picture

Use them to keep warm next winter.

Wed, 05/30/2012 - 11:39 | Link to Comment LetThemEatRand
LetThemEatRand's picture

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

Wed, 05/30/2012 - 11:59 | Link to Comment gatorengineer
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.................

Wed, 05/30/2012 - 12:13 | Link to Comment Temporalist
Temporalist's picture

RUN TO THE HILLS!!!  RUN FOR YOUR LIFE!!! http://www.youtube.com/watch?v=K7ToNJHgp-w

 

or 

 

The Number of the Beast http://www.youtube.com/watch?v=q9kT37eIkaY&feature=related

Wed, 05/30/2012 - 11:39 | Link to Comment potlatch
potlatch's picture

the face eating will continue until confidence returns

Wed, 05/30/2012 - 11:43 | Link to Comment Uncle Remus
Uncle Remus's picture

Or morale improves.

Wed, 05/30/2012 - 11:39 | Link to Comment Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

ZOM NOM NOM NOM

Wed, 05/30/2012 - 11:42 | Link to Comment trgfunds
trgfunds's picture

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

Wed, 05/30/2012 - 11:48 | Link to Comment slackrabbit
slackrabbit's picture

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

Wed, 05/30/2012 - 12:13 | Link to Comment PSEUDOLOGOI
PSEUDOLOGOI's picture

~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).

Wed, 05/30/2012 - 14:46 | Link to Comment Iwanttoknow
Iwanttoknow's picture

Uranus?

Wed, 05/30/2012 - 21:04 | Link to Comment StychoKiller
StychoKiller's picture

Uranus (Roman), AKA Chronos (Greek)

Wed, 05/30/2012 - 11:55 | Link to Comment Uncle Remus
Uncle Remus's picture

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

Wed, 05/30/2012 - 11:43 | Link to Comment gwar5
gwar5's picture

Four sixes. Pure hell.

 

Wed, 05/30/2012 - 11:44 | Link to Comment Tense INDIAN
Tense INDIAN's picture

Tyler....we are setting up for QE3 by june 19...

Wed, 05/30/2012 - 11:44 | Link to Comment NERVEAGENTVX
NERVEAGENTVX's picture

-2....Cramer?.....Maria?.....Is that you?

Wed, 05/30/2012 - 11:53 | Link to Comment trgfunds
trgfunds's picture

Damn Maria, I'm sorry I stood you up last night. Becky called, and... well... one thing led to another. I didn't mean to mention it to you like this. I'll call you later.

Wed, 05/30/2012 - 11:45 | Link to Comment Fix It Again Timmy
Fix It Again Timmy's picture

Repent sinners! The End is near....

Wed, 05/30/2012 - 11:47 | Link to Comment ebworthen
ebworthen's picture

"It's Egan-Jones fault."

uh-huh...

Wed, 05/30/2012 - 11:52 | Link to Comment carbonmutant
carbonmutant's picture

Looks like ZH has been infected with a "negation virus"...

Wed, 05/30/2012 - 11:57 | Link to Comment papaswamp
papaswamp's picture

At the 3:26 mark Santelli starts things off with ZH

http://video.cnbc.com/gallery/?video=3000093151&play=1

Wed, 05/30/2012 - 11:58 | Link to Comment Jahbulon
Jahbulon's picture

So at 7% do the wheele actually come off over there?

Wed, 05/30/2012 - 12:01 | Link to Comment katchum
katchum's picture

If bond yields go over 7%, then it's over with...

Wed, 05/30/2012 - 12:05 | Link to Comment Alex Kintner
Alex Kintner's picture

Haha. Just noticed the new Greed/Fear odometer on the CNN  money page. Market is operating under Extreme Fear today.
http://money.cnn.com/data/markets/

Some day soon the needle is gonna break off of that guage.

Wed, 05/30/2012 - 12:06 | Link to Comment Joe A
Joe A's picture

It is all German's fault of course</blame mode off>

Wed, 05/30/2012 - 12:19 | Link to Comment crawldaddy
crawldaddy's picture

oh oh oh douchebag no life virgin loser, be sure to give me my -1.  I didnt want to miss out on your quite pathetic use of your left mouse button.   

 

To be honest though, shouldnt you be over at domino.com making virtual pizzas with the hope of someday being like hired, or is pizza maker above your paygrade?

Wed, 05/30/2012 - 12:21 | Link to Comment Money 4 Nothing
Money 4 Nothing's picture

Santilli is the only host that doesn't drink the Kool Aide from the Green Room I think? The truth comes out in the end because it doesn't have an agenda.. lies do *cough.. CNBC.

Wed, 05/30/2012 - 12:28 | Link to Comment eclectic syncretist
eclectic syncretist's picture

CNBC needed to do something to restore lost credibility.  That's a good start.

Wed, 05/30/2012 - 12:35 | Link to Comment eclectic syncretist
eclectic syncretist's picture

Forget about getting trampled by bulls, this is what is happening to Spanish bonds

 

http://www.youtube.com/watch?v=zWpzxzDGxr0&feature=related

 

Wed, 05/30/2012 - 12:59 | Link to Comment Satan
Satan's picture

I am deeply offended.

Wed, 05/30/2012 - 13:49 | Link to Comment orangedrinkandchips
orangedrinkandchips's picture

6....6.......6.......THE NUMBER OF THE BEAST!!!

 

 

 

Iron Madien baby!

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