US stocks started out on the up but have turned right around into 1% losses and European stocks have done the same.

  • FTSE -1.8%
  • Cac -2.5%
  • Dax -2.7%
  • Ibex -2.3%
  • FTSE Mib -2.8%

European bonds

  • Italy 1.99% -6bp
  • Spain 1.79% -9bp
  • Portugal 2.92% -5bp
  • Germany 0.626% flat

Despite the moves elsewhere Greece has managed to eke out a 1.45% gain in stocks and bonds have fallen 33bp to 8.81%