Big gains in Dax, Cac, Ibex.
The European stocks are liking less geopolitical tension and a lower EURUSD helps as well.
The major indices are showing solid gains.
- German Dax is up 1.4%
- France's Cac is up 1.4%
- UK FTSE is up 0.7%
- Spain's Ibex is up 1.4%
- Italy FTSE MIB, up 1.7%
- Portugal PSI20, up 1.3%
In the 10 year debt market today, yields are mixed:
- Germany 0.407%, up 2 5 bp
- France 0.702%, up 2.4 bps
- UK 1.073%, up 1.1 bp
- Spain 1.432%, down -2.5 bp
- Italy 2.016%, down -1.5 bp
- Portugal 2.806%, down -4.7 bp
- Greece, 5.524%, down -2.7 bp
