No runaway trains at the European close

European stock market close 5 May 2016

• FTSE flat
• Cac -0.4%
• Dax +0.2%
• Ibex +0.1%
• FTSE Mib -0.3%

European bonds

• Italy 1.49% -1bp
• Spain 1.58% -2bp
• Portugal 3.27% +11bp
• Germany 0.164% -4bp
• Greece 8.61% -13bp

Just a pause for breath awaiting the NFP?