US 10 year yield tests 100 day MA. German Dax unchanged, France CAC up 0.13%. UK FTSE up 0.28%

The European stocks are ending the session with modest gains.

  • German Dax is ending up fractionally (up 0.04%)
  • France's CAC is up 0.13%
  • UK FTSE is up 0.28%
  • Spain's Ibex is up 0.38%
  • Italy's FTSE MIB is up 0.27%
  • Portugal's PSI20 is up 0.26%

In the 10 year debt sector today:

  • Germany 0.454%, unchanged
  • France 0.727%, unchanged
  • UK 1.332%, up 2.9 bp
  • Spain 1.560%, down -2.7 bp
  • Italy 2.057%, down -1.6 bp
  • Portugal 2.437%, unchanged
  • Greece 5.537%, up 6 bp

At midday in the NY markets:

  • S&P is up 2.58 points or 0.10% to 2506.46
  • Nasdaq is up 2.87 points or 0.04% to 6457.27
  • Dow is up 37 points or 0.17% to 22368.33

In the US debt market today, yields have turned back positive by a fraction of a bp after earlier declines.

  • 2 year 1.3929%, unchanged
  • 5 year 1.8307%, up 0.5 bp
  • 10 year 2.2357%, up 0.7 bp
  • 30 year 2.8073%, up 0.8 bp

Something positive today would be the 8th straight up day for the 10 year note. The market is testing the 100 day MA at 2.2365%.