Across the Curve indicates financial are in across the board. Just in time... there is almost a 2% difference in the yield of financial bonds and their investment grade brethren.
Not a tremendous endorsement of the Obama-Summers-Geithner financial sector policy (if one can call it that). Is another financial near-meltdown on the way? I think maybe yes with C & BAC playing the leading roles along with support from a number of European banks.