{"id":28393,"date":"2011-09-23T06:28:15","date_gmt":"2011-09-23T06:28:15","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ambrose_evans-pritchard-global_economic_fear_gauge_enters_the_red_zone\/"},"modified":"2011-09-23T06:28:15","modified_gmt":"2011-09-23T06:28:15","slug":"ambrose_evans-pritchard-global_economic_fear_gauge_enters_the_red_zone","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28393","title":{"rendered":"Ambrose Evans-Pritchard&#8211;Global Economic Fear gauge enters the red zone"},"content":{"rendered":"<p>Key indicators of credit stress have reached the danger levels seen before the Lehman Brothers failure three years ago, with Markit&#8217;s iTraxx Crossover index \u201d\u201c or &#8220;fear gauge&#8221; \u201d\u201c of corporate bonds surging 56 basis points to 857 on Thursday&#8230;.<\/p>\n<p>The yield spread between Italian 10-year bonds and Bunds reached a fresh record of 408 basis points before the European Central Bank (ECB) intervened in late trading. It is near the level at which LCH.Clearnet raises margin requirements, the trigger that forced Greece, Portugal and Ireland to request bail-outs.<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/finance\/financialcrisis\/8783067\/Fear-gauge-enters-the-red-zone.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key indicators of credit stress have reached the danger levels seen before the Lehman Brothers failure three years ago, with Markit&#8217;s iTraxx Crossover index \u201d\u201c or &#8220;fear gauge&#8221; \u201d\u201c of corporate bonds surging 56 basis points to 857 on Thursday&#8230;.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28393\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,460,595,592,149,199,591,200,590,468,588,478,119,454,325,448,458,585,596],"tags":[],"class_list":["post-28393","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-credit-markets","category-currency-markets","category-economy","category-england-uk","category-euro","category-europe","category-european-central-bank","category-france","category-g20","category-germany","category-globalization","category-greece","category-ireland","category-italy","category-portugal","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28393"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28393\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}