European shares hold on to gains (with exception of Spain)

Technical Analysis

Author: Greg Michalowski | german-dax

Yields are mixed

The major European markets are now closed and the major indices held on to gains. The only exception is the Spain's Ibex

The final numbers are showing:
  • German DAX, +0.93%
  • France's CAC, +0.48%
  • UK's FTSE, +0.29%
  • Spain's Ibex, -0.15%
  • Italy's FTSE MIB, +0.63% 
In the 10 year benchmark note sector, the yields are mixed with UK and Italian yields up marginally. The German 10 year is back lower today and trades at -0.233%.  

10 year benchmark yieldsIn news just out, Italy has hired banks for EURO benchmark twenty-year bond sale. This has helped push yields higher in Italy.  The low yield was down at 2.288%. The 10 year is currently at 2.368%. 
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