This Is Ugly In Italy

Yields on short-term peripheral debt are really spiking this morning.

What’s going on in Italy is particularly brutal.

Check out the intraday-yields on the Italian 2-year.


Photo: Bloomberg

Other related charts in Italy and Spain are also not looking very good.

Click here for more morning market action.

Nomura: Italy Is Quietly Getting A Whole Lot Worse >

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