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Re: mr green1 post# 1508

Thursday, 06/20/2013 7:38:09 AM

Thursday, June 20, 2013 7:38:09 AM

Post# of 9065
Get ready Bulls! We're nearing the 2008 Lehman collapse, but this time China will start it. Gold is falling with everything just like it did in 2008 then it will explode.

Click the Link and you will see the charte for yourself.

China Interbank Market Freezes As Overnight Repo Explodes To 25%
Submitted by Tyler Durden on 06/19/2013 23:24 -0400

Bond China Lehman TED Spread


It seems liquidity (or counterparty mistrust) is beginning to reach extreme levels in China as the nation's banking system is now quoting overnight repo transactions at 25%. The explosion in funding costs echoes the collapse in trust (and surge in TED spread) among US banks in the run-up to the Lehman bankruptcy. MSCI Asia-Pac stocks are down over 3% with China's Shanghai Composite -2.5% at seven-month lows.

China’s 1-day Repo Rate Climbs to Highest Since at Least 2006
MNI - CHINA OVERNIGHT REPO FIXING AT RECORD HIGH
China's bond market is also collapsing:

Yield on 3.1% govt bonds due January 2016 jumps 39 bps to 3.749%, biggest rise since notes were issued in January



http://www.zerohedge.com/news/2013-06-19/china-interbank-market-freezes-overnight-repo-explodes-25
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