WSJ: EZ spreads now even spread-ier

Lol, read here:

Along with the traditional showering and shaving, MarketBeat has added to its list of morning rituals the daily checking of the euro-zone bond spreads.

This morning finds spreads wider across the board, particularly in Spain, which just elected a new government. So much for votes of confidence.

Spanish 10-year debt yields 6.53% this morning, or about 4.63 percentage points above German bunds, yielding 1.90%. That spread against bunds is about 26 basis points wider today.

Italian debt, meanwhile, yields 6.65%, 11 basis points wider against bunds.

French debt yields 3.45%, 5 basis points wider against bunds.

Austrian debt yields 3.37%, 7 basis points wider against bunds.

Belgian debt yields 4.78%, 9 basis points wider against bunds.

This all means an unpleasant morning is in store for risky assets generally.

The euro is down to $1.3465. Dow futures are down 143 points, S&P futures are down 16 points and Nasdaq futures are down 20 points.