Monday, November 7, 2011

Italy 10-Year Bond Sets New All-time High, Breaks 6.5%

Up, Up, and away!!!
Italy's 10 year bonds have passed 6.5%, and are rapidly nearing the 7% point of no return.  Apparently the markets are not too confident in the results of the Italian PM Berlusconi's confidence vote.
Care to share Sterling?


GBTPGR10:IND

6.51800 + 0.14800 2.32%
As of 09:31 11/07/2011. All times are ET. Market data is delayed by at least 15 minutes.