By John Galt
September 13, 2011 – 05:30 ET
So much for the ChiComs bailing another PIIGS nation out.
Results from today’s Italian bond auction:
Yield results were 5.60%, highest on record with a horrid 1.27 bid to cover.
But don’t worry, the results are transitory and the situation is contained to Europe.
For now.




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