European stock market close 7 April 2016
- FTSE -0.5%
- Cac -1.1%
- Dax -1.2%
- Ibex -1.2%
- FTSE Mib -2.5%
European bonds
- Italy 1.40% +11bp
- Spain 1.61% +10bp
- Portugal 3.43% +25bp
- Germany 0.089% -3bp
- Greece 9.08% flat
That German 10yr yield is fast approaching the levels last seen a year ago. You already have to pay the Germans for the pleasure of lending them money from 7yrs down. Compared to what's happening in the rest of Europe's bonds, it shows that money is still looking for safety.
