http://www.zerohedge.com/article/weak-i ... urging#new"....And just to confirm that Belgium and Italy are just after Spain and Portugal on the bailout wagon, an auction held by Belgium earlier also came at decidely weaker Bid To Covers.
Belgian Auction results:
•€0.62bln, 4.25% 28-Sep-14, bid/cover 1.79 vs. Prev. 2.24 (yield 2.288% vs. Prev. 3.839%)
•€0.945bln, 3.75% 28-Sep-20, bid/cover 1.76 vs. Prev. 2.39 (yield 3.718% vs. Prev. 3.260%)
•€0.435bln, 5% 28-Mar-35, bid/cover 1.79 vs. Prev. 2.38 (yield 4.157% vs. Prev. 4.816%)