Weekly Eurozone Watch

Key Data Points
German 10-year Bund 10 bps higher;
France 10-year 2 bps tighter to the Bund;
Ireland 29 bps tighter;
Italy  22 bps tighter;
Spain 36 bps tighter;
Portugal  98 bps tighter;
Greece 110 bps tighter;
Large Eurozone banks up 1-11 percent;
Euro$ up to up 1.77 percent.

Quote of the Week

The chances that Catalonia will ever move to full-fledged independence are next to zero, and the region’s politicians are mostly using the threat to renegotiate the terms of its financial relations with Madrid.
Pierre Briançon, Reuters Breakingviews

Picture Poster of the Week

Ireland 10/9-year bond yield and spread to the German bund  lowest weekly close of year;
French banks, BNP and SocGen, highest weekly close of the year;
Greece says official lenders closer to debt deal – Reuters;
German business confidence unexpectedly rises for first gain in eight months – Bloomberg;
Catalonia to vote Sunday on split with Spain – The Australian;
EU budget talks collapses – FT;



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