Presently up to 424 bps from 402 first thing.

Italy/German 10 year govt bond yield spread out to 391 bps from 371 first thing.

EUR/USD down at 1.3065 having been as low as 1.3060 after stops tripped through 1.3070.

Buy orders now seen clustered from 1.3030 to 1.3000 barrier option interest.