Days Of Spanish Bonds (Hoisted From The Archives)

Me in 2013 (here):

Meanwhile, Spanish bonds are holding steady. Spanish government generic bonds, 10-year note, are the only ones I ever follow, 'cause at some point someone pointed me to the correct link for them. I don't know if this is the correct link to the equivalent Italian bonds; if so, they seem to have jumped nearly half a percent, but the number isn't (yet) dangerously high, assuming I can tell "dangerously high" from "a hole in the ground" when it comes to bonds, which isn't necessarily true.

And a few hours earlier:

My thought here (not knowing anything more about Pylas and D'Emilio, but guessing e.g. that they're college grads or at least people who've read up on and tried to understand economics) – and this applies pretty much in general, not just to reporting of economics – is that people trained to think don't actually know how to think. Or their thinking hits a wall, without their being aware that they're at a wall and have crashed to stillness.

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