European Bond Yields 12-1-11

December begins, the 10-year yield watch continues.

Italy 10-year yield is 7.00%
Spain 10-year yield is 6.11%
France 10-yer yield is 3.25%
U.S. 10-year yield is 2.06%

After the six major central bankers coordinated and fired the liquidity bazooka yesterday, Italy remains stubbornly above 7%.

Note Added 12/1/11 at 5:20 AM EST:  10-year yields; Italy 6.83%, Spain 6.06%, France 3.15% and Germany 2.28%. Bond auctions today result in yields moving slightly lower (prices higher). The Italy 10-year moves under 7%.

Note Added 12/1/11 at 5:47 AM EST:  France 10-year yield is 3.14%.  For Spain, the 10-year is 6.02%, 5-year is 5.55% and 2-year is 4.99%.

Note Added 12/1/11 at 6:20 AM EST:  France 10-year yield is 3.16%.  For Spain, the 10-year is 6.02%, the 5-year is 5.51%.