Spanish bond auctions went well. The skies are looking brighter above Europe today.
10-Year Yields:
Italy 6.65%
Spain 5.08%
Belgium 4.39%
France 3.09%
U.K. 2.09%
Germany 1.93%
U.S. 1.86%
The Spain 10-year is about to break under 5%, a far cry from 6% where worry and fear is high. Italy is staying under 7%. France is working back down towards 3%. The euro is up in early trading today so U.S. futures are up as well.
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