European Bond Yield Summary 4/12/12

10-Year Yields:
Greece 21.93%
Portugal 12.44%
Hungary 8.97%
Spain 5.88%
Italy 5.50%
Belgium 3.43%
France 2.95%

Netherlands 2.26%
Finland 2.14%
U.K. 2.06%
U.S. 2.03%
Germany 1.78%

Portugal Yields:
2-Year 10.25%
5-Year 14.18%
10-Year 12.44%
30-Year 10.36%

The yields for the troubled nations in the top grouping are flat to slightly down over the last 24 hours. Italy auctions this morning show borrowing costs rising. The safer haven middle grouping moved up slightly as the equities markets experienced a recovery rally yesterday; money flowing from bonds back to equities. The Portugal yield curve is inverted from the 5's thru the 30's. Note how the 2-year is gaining on the 30. Portugal, Hungary, Spain and Italy remain troubled.