This is not what European leaders want to see less than a week after the big EU summit.
Check out what’s going on with the Italian-German 10-year bond spread, a fantastic gauge of contagion fears, and the health of Italy.
Straight up today. It now stands at 404 basis points.
Here’s a little perspective on where this measure has been:
You know what else is a great measure of fear in Europe?
Meanwhile U.S. futures continue to head lower. Dow futures off over 100 right now.