European Bond Yields 11-30-11

Italy yields remain elevated.
Italy 2-year yield is 7.17%
Italy 5-year is 7.67%
Italy 10-year yield is 7.30%
Germany 10-year yield 2.30%
U.K. 10-year yield is 2.18%
U.S. 10-year yield is 1.99%

Germany yields are now firmly higher than the U.K. Italy 10-year remains well over 7%. ECB will be in there buying Italy debt today.

Note Added 11/30/11 at 11:31 AM EST:  Italy 10-year yield is 7.08%. Spain 10-year is 6.25%. Note the 20 basis point drop in yield for the Italy 10-year in concert with the coordinated central bank move today.