It Looks Like People Have Stopped Worrying About The Netherlands

Remember: One of the big stories of the weekend was that thanks to right-wing leader Geert Wilders, Dutch austerity had fallen through, and the government had collapsed.

Panic!

Well, the panic seems to be off. A just-completed 2-year debt auction went smoothly, with yields falling sharply.

Here’s an intraday look at the Dutsch 2-Year yield.

chart

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