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
Comments
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;
Charts
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