Quote:
Originally Posted by Vanity
Just something to look out for here,
Back in Late July this year, when this all started, there were two things markets focused on:
1) us debt ceiling talks being irresolute before the deadline.
2) Italian bond yields soaring to 6% (back when that was considered high)
Anybody see the same pattern this time? Super committee irresolution before Nov. 23rd, and bond yields going back up again. If you look at the charts for July and Nov. you can see a retracing of the same market sentiments in the lines.
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EDIT: Markets dip lower today. Spainish Bond yields hit above 6%. Italian bond yields hit 6.94%