Bloodbath in Europe Follows Bloodbath in Asia; Don't Worry, It's Orderly; First Rule of Panic

http://globaleconomicanalysis.blogspot.com/2011/08/bloodbath-in-europe-follows-bloodbath.html

Bond yields of Italy, Spain, and Belgium continue their relentless march higher. Yields are at record or near-record highs in all three countries relative to Germany.

Italy 10 Year Government Bonds



Spain 10 Year Government Bonds



Belgium 10 Year Government Bonds



Italy debt yields nearly touched Spain debt yields at the highs near 6.41%