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


Proprietary traders out on their own with hedge funds are having a tough time of it.  (Reuters)

Why so many traders lose: they are in for the action.  (ZorTrades)

High yield

Short interest in junk bond ETFs has surged.  (FT)

European borrowers are coming to the US to obtain funding.  (WSJ also Bloomberg)


Stress is showing up in the inverted Eurepo curve.  (FT Alphaville)

We should all fear a disorderly breakup of the Euro.  (Baseline Scenario)

A Spanish bank bailout is now inevitable.  (Sober Look)

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