Spanish 5 year credit default swaps up 27 bps to record high of 630 bps

• Italy 5 year credit default swaps up 29 bps at 555 bps
• French 5 year credit default swaps up 12 bps at 182 bps
• Irish 5 year credit default swaps up 20 bps at 580 bps

Reuters reporting.

EUR/USD sits at 1.2100, off a mere 15 pips from what greeted me first thing. Eeerily quiet really given all that’s going on.

Guess it must be…………Monday!!!