Not all good news this morning

The Italian 10-year bond yield was up from 6.38 to 6.66, death spiral territory, and margin calls might soon kick inThe Germans are worried, and making plans, but not pro-active.  The municipal bond market could be doing betterThe price of zombies is down.

I thank AC for two pointers.

Comments

A cryptic speculative tweet (what is special about a 500 spread?), Zerohedge, Breitbart, and zombies ... not your best work

Maybe this post is better than the sum of its parts?

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Look, i) you don't have to read here; ii) you don't have to be a curmudgeon or a troll; iii) Tyler's got a real job, plus he's productive as a researcher and writer, so his posts are going to be hit-and-miss; iv) he supplies you with his insights and links for free. So don't be an ingrate.

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More bad news...
http://www.bloomberg.com/news/2011-11-07/german-industrial-output-fell-more-than-forecast.html

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If you can't get your house in fiscal order when you can take out unsecured 10-year loans at only 7%, there are more fundamental problems you need to worry about.

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I am also worried about the developments in the Eurozone...

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Gosh, the money market dealers who lent money to Italy must be worrying about their next performance review...

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...or maybe they don't care.

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Dear Italians, please don't elect Silvio Berlusconi for a 4th time.

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