As Paul Krugman notes, the yield on Italian debt is now over 6%.

FORBES: Eurozone Crisis: Now Italy and France are in Trouble

The Most Outrageous Tax of the Year, notes that taxes on forgiven debt can be especially egregious.

FORBES: What's The Unkindest Tax Of All?

The combination of a contracting economy and rising debt levels has driven the market yield on Greek two years notes to near 25% and on its 10-year debt to around 15%.

FORBES: Governments Are The Primary Creators Of Systemic Risk

Germany sold two-year notes at the lowest yield on record and Portugal sold the maximum targeted amount of government debt.

WSJ: Dow Finishes Up 96 Points

Like all MLP exchange-traded products on the market today, MLPG is packaged as exchange-traded notes (ETNs), which are unsecured debt obligations.

FORBES: MLPs: A Trendy Choice