Spanish 10 year govt bond off 9 bps at 6.32%

Italian 10 year govt bond yield off 4 bps at 5.48%.

We’re seeing a risk on morning. Gold up nicely at 1,709 (models funds reportedly buying here). Oil up over a buck, NYM light crude Oct2 at $96.53.

European stocks rallying fairly strongly led by Spain’s IBEX which is up 1.1%.

US treasury yields higher, benchmark 10 year up at 1.6198% from the 1.5977% which greeted me.

EUR/USD back up at 1.2630, only another 20 pips and I get a poll right

:)

Now if only the ‘moron’ sellers would move aside

;)