Spanish/German 10 year bond yield spread widens 10 bps to 235 bps

Italian 5-year cds rise 9 bps to 210 bps; Spanish 5-year cds rise 11 bps to 310 bps; Irish 5-year cds rise 19 bps to 560 bps; Greek 5-year cds rise 18 bps to 905 bps; Portuguese 5 year cds rise 8 bps to 440 bps

EUR/USD has slipped below 1.3300, presently at 1.3292.