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.

Comments
- 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;

Nov30_Euozone_Greece

Not all countries have the same sense of urgency as some months ago.

- José Manuel Barroso, President of the EC

WEZ_Spread_WeekWEZ_Bank_WeekWEZ_Spread_YTDWEZ_Bank_YTDWEZ_YieldsWEZ_EuroFX

 

(click here if charts are not observable)

Category: Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.