Italy sells 3-yr bond below market yield
| MILAN May 14 (Reuters) – Italian borrowing costs remained under pressure on Monday at the first bond auction by a peripheral euro zone issuer after a Greek vote brought into question the country's euro membership, unsettling markets.
Treasury Yields Fall Toward 3-Month Low on Greek Concern
Treasury Demand Shows Deficits Irrelevant With Record Yields
US bond prices rise, Greek stalemate eyed
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.
These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.