Jul 28, 2011

The Bond Market Beauty Contest

Bond market is a beauty contest about the least ugly:CDS spreads surging in Italy/Spain while debt ceiling saga isn't hurting US Treasuries. - in Nouriel`s Twitter

Related: Banco Santander (STD), Banco Bilbao Vizcaya Argentaria SA (ADR) (Public, NYSE:BBVA), UniCredit SpA (BIT:UCG), Intesa Sanpaolo SpA (BIT:ISP), Banca Monte dei Paschi di Siena SpA (BIT:BMPS), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)