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Avatar de macromonGlobal Macro Monitor

Key Data Points
German 10-year Bund 8 bps lower;
France 3 bps wider to the Bund;
Belgium 1 bp wider
Ireland 13 bps wider;
Italy 15 bps wider;
Spain 4 bps wider;
Portugal 17 bps wider;
Greece 24 bps tighter;
Large Eurozone banks weekly change, -5.37 to  1.25 percent;
Euro$ -1.32 percent on the week.

Investors fear inconclusive Italian election  (see here)

Feb22_WEZ_Italian Elections**********************************************************************************

Italy’s political “tsunami tour”

We’ll take back the country they’ve devoured. Two generations, the lives of millions wasted — we have a right to payback. Their era is ending; their time is up.
Beppe Grillo

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WEZ_Spread_WeekWEZ_Bank_WeekWEZ_Spread_YTDWEZ_Bank_YTDWEZ_YieldWEZ_Stock_IndexWEZ_EuroFX(click here if charts are not observable)

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