Small mercies and all that.

  • FTSE -0.4%
  • Cac -0.8%
  • Dax +0.2%
  • Ibex -0.5%
  • FTSE Mib -0.9%

European bonds

  • Italy 2.06% +2bp
  • Spain 1.86% +3bp
  • Portugal 2.96% +14bp
  • Germany 0.682% flat
  • Greece 8.58% +39bp

If you’re looking for a last minute Christmas gift Greek bonds are getting cheaper and cheaper

Greek 10yr yields 10 12 2014

Greek 10yr yields 10 12 2014