Here are seven (or so) links at 7AM Eastern. We will see you later with the daily linkfest. Good luck out there.
The chase for yield illustrated: US bank paper is near record low yields. (FT)
The short case for Canadian banks. (Marketblog)
Why the Fed should push the panic button. (Economist’s View)
Four myths about the Fed debunked. (A Dash of Insight)
Sounds like the US won’t have to raise the debt ceiling this year. (Real Time Economics)
An increasing number of Americans are receiving a “tax cut” this year in the form of lower mortgage payments. (FT)