European shares end with modest declines

10 year yields are little changed

The major European stock indices are ending the day with modest declines:

  • German DAX, fell -0.4%
  • France's CAC, -0.2%
  • UK's FTSE, -0.1%
  • Spain's Ibex, -0.3%
  • Italy's FTSE MIB bucked the trend and is ending up +0.82%

In the benchmark 10 year note sector yields are mostly little changed versus yesterday's close. The exception is the Italy 10 year which is up 3.5 bps. Relatively speaking, that move is the outlier today:

10 year yields are little changed

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