Italy/German 10 year bond yield spread has widened out further, presently 470 from 430 first thing.

Spain/German 10 year govt bond yield spread has widened out to 395 from early 360.

And this depsite the ongoing attention of the ECB.

The phrase “farting against thunder” comes to mind.

EUR/USD down at 1.3260, having been as low as 1.3251 so far.

I’ll be disappointed if I don’t get to put up a “pop goes the weasel” headline before I depart

;)