Spanish 10 year govt bond yield off 31 bps on day, presently at 5.72%.
Italian 10 year govt bond yield off 20 bps at 5.06%.
Against this backdrop euro seeing decent gains, EUR/USD up at 1.2672 having been as high as 1.2679.
As noted on orderboard, sell orders seen clustered 1.2680/00 ahead of 1.2700 barrier option interest.
