CHART OF THE DAY: Look What Italian Yields Just Did After That Budget Vote

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Berlusconi seems to have just lost the majority of his support in the lower house of the Italian parliament, but so far there’s no cheer about the possibility of his imminent demise.

Italian 10-year yields went straight north following the vote.

Check it out.

chart of the day, Italy Govt Bonds 10 Year Gross Yield, nov 8, 2011

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