Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.


The US high yield bond market is overheated.  (Sober Look, FT)

The paradox facing investment grade corporate bond buyers at the moment.  (FT)

Don’t look now but the CMBS market is coming back to life.  (MarketBeat)


What is Knight Capital ($KCG) worth post-meltdown?  (The Brooklyn Investor)

The Knight bailout is more complicated than it seems.  (Dealbreaker)

Did Knight Capital deserve to live to see another day?  (Dealbook)


Square teams up with Starbucks ($SBUX) on mobile payments.  (NYTimes, SplatF, AllThingsD, Technologizer)

Is is time to split up Hewlett-Packard ($HPQ)?  (Deal Journal)


Home prices rose in Q2. When will more houses come to market?  (WSJ)

What does a stabilized housing market mean for the economy?  (Calculated Risk)

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