Stacy Summary:  Thanks for the great headlines. Huge gilts row barely registers as UK sleepwalks into stagnation (h/t Mike/Liverpool) Europe braces for credit card defaults (h/t Mongo) Kevin Rudd warns interest rates to rise fast (h/t Mini US) Chinese steelworkers beat manager to death (h/t Wilson) Oil:  The market is the manipulation (h/t Lord Rothschild)