European Bond Selloff Continues: Italy 2-Yr Yield 7.90%, Belgium 5.22%, Portugal 18.38%; Greek 1-Yr Yield 310%

Courtesy of Mish 

The European bond selloff continues unabated, once again led by surging yields on 2-Year bonds pretty much across the board, especially Italy, Belgium, and Portugal.

Italy 2-Year Government Bonds

At 5:30 AM central the two-year yield on Italy hit a whopping 5.90%

Belgium 2-Year Government Bonds

Portugal 2-Year Government Bonds

At 5:30 AM central the two-year yield on Portugal hit a whopping 18.30%

Spain 2-Year Government Bonds

Germany 2-Year Government Bonds

I failed to mention previously that the yield on Greek 1-Year bonds soared over 300% on November 23. Here is the chart.

Greek 1-Year Government Bonds

Mike "Mish" Shedlock