Italy 10-Year Government Bond Yield
Italy 2-Year Government Bond Yield
Charts courtesy of Bloomberg.
That is one amazing move in the 2-year yield in and of itself, but even more so in relation to the move in the 10-year yield.
Once again I point out that the Bloomberg charts on the right do not match the quotes on the left. The quotes appear to be accurate. However, the charts reflect the previous day's close.
I will repeat this message until Bloomberg is humiliated enough to fix this blatant error.
That said, I appreciate the fact that Bloomberg offers these charts at the bargain basement deflationary price of zero.
Mike "Mish" Shedlock
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