The Italian Market Is Getting Hammered And Yields Are Jumping In Spain
And they keep telling us that the crisis is over 
:):)
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We mentioned earlier that there was weakness in Europe today, as fears grow about the political situation in both Italy and Spain.
Equity-wise, Italy is taking the brunt.
The market is down over 1.6%.
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Meanwhile, Spanish yields are jumping.
On the all-important Spanish 2-Year bond, borrowing costs are going from 2.46% to 2.60%, a fairly meaningful jump at that level.