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To: RetiredNow who wrote (104953)11/29/2011 10:20:52 AM
From: RetiredNow  Respond to of 149317
 
Europe is looking increasingly shaky. Italian bond yield continue to increase month over month. Keep in mind a sovereign bond priced at a yield over 6% is generally believed to be a bond that has a very high risk of default....

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Italy pays record yields at bond auction
By Guy Dinmore in Rome

Italy was forced to pay yields at euro-era highs at an auction of €7.5bn of debt on Tuesday but managed to raise an amount close to the upper end of its target range, which helped calm market nerves ahead of further eurozone sales this week.

The yield for 10-year bonds was 7.56 per cent, up from 6.06 per cent at the last auction a month ago. The yield on a new three-year bond soared to 7.89 per cent.



To: RetiredNow who wrote (104953)11/29/2011 11:50:35 AM
From: tejek  Read Replies (1) | Respond to of 149317
 
All the State AGs that are saying that need to be fired immediately. Spitzer held people to account with far less egregious criminal behavior. Maybe they need to start recruiting smarter people, like Spitzer, who also have the brass balls to take on large, well financed, criminal organizations like the banksters and their Congressional lackeys.

Now you're saying that the state AGs are incompentent. Frankly, MM, you are an expert on so many levels and in so many fields, I can't keep up. I give up.