Further reading
Elsewhere on Friday,- Don’t become the market, it might bite you- Company sells stock (our favourite Facebook-related headline so far)- And a few more Facebook links...
The Closer
ROUND-UP Back to risk-off today as the US 10-year Treasury yield closed just below 1.7 per cent, almost hitting the lows of last September. The US S&P 500 closed down 1.51...
Trap door opens under US Treasury yields
1.697 per cent at pixel time. Worries about Europe, collateral crunching, people changing their minds about buying Facebook (which, by the way, priced at $38 a share)… take your pick....
The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE The eurzone is having a really bad Wednesday: Yields are spiking and equities are tumbling: the charts are here.Do not trust the FRA-OIS...
Caption this competition
This way to the Grexit, sir…Best reply wins an apology horse.
Further reading
Elsewhere on Wednesday, - The Whale’s harpooner?- China’s real estate unravelling.- Goldman’s legal slip-up.- Romney gets some advice on how to act human....
The Closer
ROUND-UP Greece is heading for a fresh general election “after its political parties failed to form a national unity government because of opposition from the anti-bailout...
US Markets Live — now landing on Wednesdays
By popular demand… we’re moving US Markets Live to Wednesday from Friday from now on. This has pleased the rally monkey no end (and for obvious reasons he’s been...
The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE Greece will not default today. An official stated that a €430m euro bond maturing on Tuesday will be paid on time (it had a 30-day grace period)....
Cypriot banks and some sneaky ELA [updated with Portugal]
FT Alphaville has been very curious about the €18bn of mystery Emergency Liquidity Assistance which showed up in the ECB’s financial report at the end of April, but until...
The Closer
ROUND-UP US equities finished in the black for the first time in more than a week, following a marginally positive performance in Asia and Europe. But as the FT reports, “any...
Goldman loses to Bank of America in the least Q1 negative-revenue trading days contest
They had one, BofA had none — sorry, we couldn’t resist the tease. From Goldman’s first-quarter 10-q:Related link:Bank of America trading all positive in Q1 2012 –...
