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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)
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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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