Spanish Borrowing Costs Jump at 2.5 Billion-Euro Bond Auction

[Ivanovich]

Quote from makloda:

ZH is a hangout for frustrated traders and college kids who find consolation in mutually whining about Bernanke, the US Dollar and Goldman Sachs. Don't waste your time.

I'm neither, and I go there to read up on stuff sometimes. There's some good info there, don't be so quick to dismiss it.

 

[ASusilovic]

Quote from makloda:

ZH is a hangout for frustrated traders and college kids who find consolation in mutually whining about Bernanke, the US Dollar and Goldman Sachs. Don't waste your time.

 

[Ivanovich]

Quote from Martinghoul:

I am not really sure what ZH's index is based on, although I'd assume it's 5y sovereign CDS. There's really no need for it, as there's something already. Specifically, the SovX series of indices. They are tradable and are used by everyone in the mkt.

Besides, why the heck you'd bundle Turkey and Denmark together with Italy and Portugal is totally beyond me, unless it's for the sake of the acronym... If that's the case, I am inclined to think that ZH is a bit of a famous idiot. I guess I should go read what he says.

I was in err. The "D" in STUPID is Dubai, not Denmark. A bit more relevant to default.