Key Data Points
German 10-year Bund 8 bps lower;
France 6 bps tighter to the Bund;
Italy 10-year 1 bps wider;
Spain 1  bps wider;
Belgium 3 bps tighter;
Portugal  11 bps tighter;
Ireland 19 bps tighter;
Greece 35 bps tighter;
Large Eurozone banks down 0-5 percent;
Euro$ down 0.51 percent.

Comments
Belgium, Ireland, Portugal, and Greece 10-year yields at lowest weekly close of the year;
Citigroup revises down the probability of Greece leaving the eurozone;
Christine Lagarde and Wolfgang Schäuble+Olli Rehn disagree on austerity;
EU wins the Nobel Peace Prize.

The union and its forerunners have for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe.
- Norwegian Nobel Committee

Source:   Guradian

(click here if charts are not observable)

 

 

Category: Think Tank

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One Response to “Weekly Eurozone Watch: Nobel Yields”

  1. NoKidding says:

    I will be the obligatory right-wing idiot to put a comment about Obama’s Nobel here at the top.
    Three and a half years of anonymous peace drones blowing up ME villages that harbor America’s enemies. Not that I don’t understand he might have valid motives for it, but it does not fit on the same resume with Nobel Peace Prize.
    In both cases the prize committee seems to be trying to encourage future good behavior by rewarding it in advance. It must be growing clear that to preserve a more perfect union, Northern troops may be eventually dispatched South.