I've never seen the perspective where you don't think European Sovereign debt yields are just too low because of European Central Bank debt purchases. The ECB

I've never seen the perspective where you don't think European Sovereign debt yields are just too low because of European Central Bank debt purchases. The ECB has been massively inflating the Euro by buying sovereign debt, with the express policy of pushing yields into negative territory so that people invest in riskier assets. OF COURSE that drops the yields of Italian government debt far below what the actual risk is. This isn't an expression from the collective conscious about the US' finances. wow. or at least it HADN'T been, until now. How long have you been following the debt markets? Your perspective lacks history of anything beyond 3 years...