Closing changes for the main European bourses:

  • UK FTSE +1.9%
  • French CAC +2.3%
  • German DAX +2.8%
  • Spain IBEX +0.8%
  • Italy MIB +2.6%

10-year yields down 3-6 bps across the major economies.

The market doesn't care about downgraded growth forecasts, it wants the cheap money train to continue forever.

Zeeee DAX