Hodgepodge

US vs. German Yield Spreads – Tracking on the recent dollar index rally…

This from the Financial Times this morning:

Tremble: Brussels’ bureaucrats have sharpened their pencils. The European Commission wants several countries to explain how they will cut their budget deficits (so does everyone else). Eurozone capitals, meanwhile, argue over whether to bail-out Greece or bring in the International Monetary Fund. Markets are drawing their own conclusions.