Key Data Points
German 10-year Bund 15 bps higher;
France 1o-year 9 bps tighter to the Bund;
Italy 36 bps tighter;
Spain 40 bps tighter;
Belgium 11 bps tighter;
Portugal 62 bps tighter;
Ireland 17 bps tighter;
Greece 174 bps tighter;
Large Eurozone banks up 1-9 percent;
Euro$ up 0.53 percent.
Comments
Italy, Ireland, Portugal, and Greece 10-year yields at lowest weekly close of the year;
EU leaders agree on timeline of banking union;
Merkel and Holland now appear more divided than Merkozy;
Asturias became the 8th Spanish region to seek a bailout and the Balearic Islands said it needed €355m;
Greeks euphoric as they move one step closer to winning next tranche of aid;
Click here for a nice timeline of the Eurozone Crisis
Source: Guradian
(click here if charts are not observable)
