We are going to need more “whatever it takes.” And with Draghi’s efforts to shove sovereign bonds down the throat of Europe’s banks, the sovereign-to-financial linkage is now systemically as worrisome as it has ever been…
Deutsche Bank’s CDS continues to push higher…smashing European bank risk to its highest since 2013…
Unicredit remains the most risky among EU banks…
And it is spreading to America…
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