Congratulations and jubilations I want the world to know I’m happy as can be……

Good old cliff.

EUR/USD touch lower at 1.2868 as Spanish 10 year yield reaches a bit of a milestone.

Ya know, I beginning to think they might have a few problems over there.

The German 10 year bund auction sold 3.19 bln out of targetted 5 bln. Technically uncovered. Yield up at 1.52% from 1.42%. Won’t have helped euro either.