Key Data Points1
German 10-year Bund 5 bps lower;
France 10-year 6 bps tighter to the Bund;
Ireland 7 bps wider;
Italy 20 bps tighter;
Spain 25 bps tighter;
Portugal 23 bps tighter;
Greece 30bps tighter;
Large Eurozone banks up 0.5-3 percent;
Euro$ up 0.33 percent.
- France, Italy, and Greece 10-year yields at lowest weekly close of the year;
- Rumors circulate about downgrade of ESM and EFSF bailout funds;
- Bundestag approves Greek deal without the Chancellor’s Majority and only with the support of the opposition – 473 MPs in favor and 100 MPs against, 100 MPs abstained;
- October youth unemployment rate in Eurozone rises to 23.9 percent, up from 21.9 percent a year ago;
Not all countries have the same sense of urgency as some months ago.
- José Manuel Barroso, President of the EC
(click here if charts are not observable)
Category: Think Tank
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