The good news is that Italy was able to sell 5 billion euros in one-year bonds.
The bad news is that they had to pay interest of 6 percent, when they were paying 3.5 just a month ago.
I love to buy gorgeous things from Italy, but their bonds, not so much.
Embattled Farmers 
Bad for Italy, but wouldn’t that be a better return on investment if you bought their bonds?
It’s not a good return if they default!