10 year yields are mixed/little changed

The major European stock indices are ending the session lower:

  • German Dax fell -0.91%
  • France's CAC fell -0.76%
  • UK's FTSE fell -0.95%
  • Spain's Ibex felt -1.04%
  • Italy's FTSE MIB fell -1.35%
  • Portugal's PSI 20 fell -0.62%

In the 10 year debt sector yields are little changed and mixed:

  • Germany 0.683%, -1.2 basis points
  • France 0.962%, -0.8 basis points
  • UK 1.458%, up 0.5 basis points
  • Spain 1.408%, -1.1 basis point
  • Italy 2.028%, unchanged
  • Portugal 1.957%, up 1.4 basis points

In other markets:

  • Spot gold down $1.04 or -0.07% at $1339.43
  • WTI crude oil futures are trading down $1.20 on increased supply concerns. The price is currently trading at $64.36

In the US stock market today, the major indices are lower:

  • The S&P index is down 25 points or -0.88% at 2828
  • the NASDAQ composite index is down 52 points or -0.71% at 7413.71
  • the Dow industrial average is at 26,137 down -303 points or -1.15%.

In the US debt market:

  • two-year 2.118%, unchanged
  • five-year 2.498%, +0.8 basis points
  • 10 year 2.714%, up 2.0 basis points
  • 30 year 2.9739%, up 3.1 basis point

In the forex market as London/European traders look to exit, the GBP has taken over as the strongest currency, while the AUD is the weakest. The USD has seen a little recovery in the NY session after being lower at the start of the trading day.