Weekly Eurozone Watch

Key Data Points
German 10-year Bund 5 bps lower;
France 10-year 6 bps tighter to the Bund;
Ireland 7 bps wider;
Italy 20 bps tighter;
Spain 25 bps tighter;
Portugal 23 bps tighter;
Greece 30bps tighter;
Large Eurozone banks up  0.5-3 percent;
Euro$ up 0.33 percent.

Comments
- France, Italy, and Greece 10-year yields at lowest weekly close of the year;
- Rumors circulate about downgrade of ESM and EFSF bailout funds;
- Bundestag approves Greek deal without the Chancellor’s Majority and only with the support of the opposition  – 473 MPs in favor and 100 MPs against, 100 MPs abstained;
- October youth unemployment rate in Eurozone rises to 23.9 percent, up from 21.9 percent a year ago;

Nov30_Euozone_Greece

Not all countries have the same sense of urgency as some months ago.

- José Manuel Barroso, President of the EC

WEZ_Spread_WeekWEZ_Bank_WeekWEZ_Spread_YTDWEZ_Bank_YTDWEZ_YieldsWEZ_EuroFX(click here if charts are not observable)

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3 Responses to Weekly Eurozone Watch

  1. Pingback: Weekly Eurozone Watch: November 30, 2012 | The Big Picture

  2. ngenghou1962 says:

    the dirt cheap yields may trigger outperformance in equities in 2013 again if there is no breakup in EU

  3. The Wolf says:

    A reblogué ceci sur le blog a lupus…un regard hagard sur l'écocomics et ses finances…. and commented:
    Add your thoughts here… (optional)

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