Italian Bond Yields - Still in the toilet (at 7%)

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Thats it.
Thats the story.
.
.
.
What d'you mean "So What?"?
Isn't that frightening enough for you?
Everything that Germany the ECB has thrown up against the wall has, well, not stuck in the least bit.
Which means that the only (!) way this is going to end up as good news is if the Italian economy somehow magically starts growing at 5% (at best! probably even faster) starting Right Now.
And if you believe that, I happen to have a fine bridge for sale, easy terms, no money down...

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