European indices in the red.
The European major indices are closing down on the day but off low levels.
- UK FTSE is down -0.2%
- German Dax down 0.5%
- France CAC down 0.8%
- Spain's Ibex down 1.3%
For the week,the major indices are also lower.
- EUro Stoxx down about -2.5%
- UK FTSE lower by -0.85%
- France CAC down -2.20%
- German Dax down -1.5%
- Italy MIB down -4.0%
In the European debt market, 10 year yields are higher:
- German 10 year yield -0.35%, +5 basis points
- France 10 year yield 0.188%, +5 basis points
- Italy 10 year yield 1.134%, +6 basis points
- Spain 10 year yield 0.956%, +4 basis points
- UK 10 year yield 0.622%, +7n basis points