And that should continue to help underpin the euro and regional equities
10-year bond yields are down by 14 bps as we get into the start of the European trading session and that's a welcome relief for Italian investors. This will at least keep the euro underpinned with EUR/USD still aiming for a move towards the 1.1600 handle.
This in turn will definitely help give regional bank stocks a lift and that will help out with risk sentiment at the very least.
