A crunching down day to end the week in European stocks as we get the provisional closing numbers
- FTSE -2.5%
- Cac -2.9%
- Dax -2.8%
- Ibex -2.2%
- FTSE Mib -2.7%
European bonds
- Italy 2.05% flat
- Spain 1.87% -1bp
- Portugal 2.96% -1bp
- Germany 0.624% -5bp
- Greece 9.15% +6bp (had been up to 9.426%)
Getting nearly 10% pa for putting your money in a European, low inflation, ECB-OMT’d backed country has got to be a great investment hasn’t it?