Wednesday, November 02, 2011

@AllAmerInvest Yields Explode, Employment Up, Bonus Bucks, Oil, Corzine Doink, Dollar Falls On Speculation

French Yields Exploded Upward

Bonds tobunds spread:

Yields on French 10-year government bonds just exploded, now up over 6% on the day to 3.14%.

The spread between French 10-year bonds and German bunds is up even more dramatically — more than 10 bps or a full 9% on the day. That's a euro-era wide, according to Dow Jones.
We have no idea what spurred this, but it can't have been good news.

Strife continues over remains of 9/11 victims

Sony slashes annual operating profit f'cast by 90 pct

All American Investor

What is going on in Italian T-bills?
The yield has gone from 4 per cent on Friday to 5.4 per cent on Tuesday – ‘rallying’ to 5.1 per cent at pixel time on Wednesday.

ADP: Private Employment increased 110,000 in October
Employment in the U.S. nonfarm private business sector increased by 110,000 from September to October on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today.

CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, November 2, 2011

Corzine Forgot Lessons of Long-Term Capital: Roger Lowenstein

Dollar Falls on Speculation Fed May Signal More Easing

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Original content Bob DeMarco, All American Investor