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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 | 2475733 AlaricBalth
AlaricBalth's picture

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

Wed, 05/30/2012 - 11:37 | 2475782 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 | 2475856 Wakanda
Wakanda's picture

I heard some hearsay about that potential rumor.

Wed, 05/30/2012 - 11:54 | 2475860 The trend is yo...
The trend is your friend's picture

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

Wed, 05/30/2012 - 12:54 | 2476175 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 | 2476914 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 | 2475734 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 | 2475735 ChelseaAggro
ChelseaAggro's picture

Spanish bonds ARE Satan.

 

Wed, 05/30/2012 - 11:29 | 2475737 FieldingMellish
FieldingMellish's picture

Religously bullish!

Wed, 05/30/2012 - 11:30 | 2475742 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 | 2475771 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 | 2476036 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 | 2475781 Wakanda
Wakanda's picture

As in most endeavors, CD is spectacularly successful.

Wed, 05/30/2012 - 11:51 | 2475846 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 | 2475853 Wakanda
Wakanda's picture

Cntrl p or (and) bust!

Wed, 05/30/2012 - 12:09 | 2475944 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 | 2475743 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 | 2475751 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 | 2475757 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 | 2475758 DoChenRollingBearing
DoChenRollingBearing's picture

ZH just mentioned by Santelli on CNBC...

Wed, 05/30/2012 - 11:37 | 2475783 CharlieSDT
CharlieSDT's picture

What did he say?

Wed, 05/30/2012 - 11:59 | 2475894 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 | 2475909 NotApplicable
NotApplicable's picture

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

Wed, 05/30/2012 - 11:34 | 2475760 kahunabear
kahunabear's picture

ZeroHedge just mentioned on CNBS by Santelli. Cool.

Wed, 05/30/2012 - 11:34 | 2475761 Wakanda
Wakanda's picture

(Almost) nobody expects the Spanish implosion.

Wed, 05/30/2012 - 11:35 | 2475763 SheepDog-One
SheepDog-One's picture

AY CARAMBA!!

Wed, 05/30/2012 - 11:35 | 2475765 NERVEAGENTVX
NERVEAGENTVX's picture

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

Wed, 05/30/2012 - 11:37 | 2475780 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 | 2475823 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 | 2475836 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 | 2475871 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 | 2475907 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 | 2475767 RacerX
RacerX's picture

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

Wed, 05/30/2012 - 11:53 | 2475849 Wakanda
Wakanda's picture

They get paid by the click.

Wed, 05/30/2012 - 11:36 | 2475776 stinkhammer
stinkhammer's picture

Hi Rick!

Wed, 05/30/2012 - 11:36 | 2475777 magpie
magpie's picture

Burn them ?

Wed, 05/30/2012 - 11:38 | 2475790 Wakanda
Wakanda's picture

Use them to keep warm next winter.

Wed, 05/30/2012 - 11:39 | 2475793 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 | 2475890 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 | 2475960 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 | 2475794 potlatch
potlatch's picture

the face eating will continue until confidence returns

Wed, 05/30/2012 - 11:43 | 2475812 Uncle Remus
Uncle Remus's picture

Or morale improves.

Wed, 05/30/2012 - 11:39 | 2475798 Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

ZOM NOM NOM NOM

Wed, 05/30/2012 - 11:42 | 2475807 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 | 2475837 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 | 2475961 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 | 2476756 Iwanttoknow
Iwanttoknow's picture

Uranus?

Wed, 05/30/2012 - 21:04 | 2477875 StychoKiller
StychoKiller's picture

Uranus (Roman), AKA Chronos (Greek)

Wed, 05/30/2012 - 11:55 | 2475864 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 | 2475810 gwar5
gwar5's picture

Four sixes. Pure hell.

 

Wed, 05/30/2012 - 11:44 | 2475819 Tense INDIAN
Tense INDIAN's picture

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

Wed, 05/30/2012 - 11:44 | 2475820 NERVEAGENTVX
NERVEAGENTVX's picture

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

Wed, 05/30/2012 - 11:53 | 2475859 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 | 2475830 Fix It Again Timmy
Fix It Again Timmy's picture

Repent sinners! The End is near....

Wed, 05/30/2012 - 11:47 | 2475839 ebworthen
ebworthen's picture

"It's Egan-Jones fault."

uh-huh...

Wed, 05/30/2012 - 11:52 | 2475857 carbonmutant
carbonmutant's picture

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

Wed, 05/30/2012 - 11:57 | 2475878 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 | 2475887 Jahbulon
Jahbulon's picture

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

Wed, 05/30/2012 - 12:01 | 2475903 katchum
katchum's picture

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

Wed, 05/30/2012 - 12:05 | 2475923 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 | 2475932 Joe A
Joe A's picture

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

Wed, 05/30/2012 - 12:19 | 2475987 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 | 2476027 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 | 2476057 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 | 2476085 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 | 2476221 Satan
Satan's picture

I am deeply offended.

Wed, 05/30/2012 - 13:49 | 2476463 orangedrinkandchips
orangedrinkandchips's picture

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

 

 

 

Iron Madien baby!

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