We think it's just a pair of central bankers hanging a bond short out to dry - and right appropriate in light of the latest action. The Spain 2-year now yielding 275 points less than on November 25th.
H/T Trebots.
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Monday, December 19, 2011
Airing out the shorts
We think it's just a pair of central bankers hanging a bond short out to dry - and right appropriate in light of the latest action. The Spain 2-year now yielding 275 points less than on November 25th.
H/T Trebots.
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