10 year yields little changed

The European major stock indices are ending mostly lower on the day:

  • German DAX fell -0.6%
  • France's CAC fell -0.4%
  • UK's FTSE fell -0.5%
  • Spain's Ibex fell -0.1%
  • Italy's FTSE MIB is ending up a small 0.08%
  • Portugal's PSI 20 is also higher by 0.13%

In the 10 year debt sector yields are little changed in Europe:

  • Germany 0.563%, unchanged
  • France 0.84%, unchanged
  • UK 1.313%, up 1.0 bp
  • Spain 1.50%, unchanged
  • Italy 2.0%, up three basis points

In other markets:

  • Spot gold is trading down $5.80 at $1332.70
  • WTI crude oil futures are trading up $.34 at $64.05. The price is trading near highs for the day at $64.12. The low reached $63.31.

In the US stock market at the London/European close:

  • S&P index is up 13.48 points or 0.49%
  • NASDAQ indexes of 32 points or 0.44%
  • Dow is up 160 points or 0.62%

IN the US debt market :

  • two-year 2.04%, up 2.5 basis points
  • five-year 2.386%, up 3.4 basis points
  • 10 year 2.565%, up 2.8 basis points
  • 30 year 2.836%, up 1.1 basis point

In the forex market, the NZD is the strongest while the JPY is the weakest. The USD is mixed with gains vs. the EUR, JPY, CHF, CAD and down vs the GBP, AUD and NZD.