European Bond Yields 12/8/11

Current 10-year yields:
Greece 34.00%
Portugal 12.93%
Italy 6.03%
Spanish 5.44%
Belgium 4.56%
France 3.22%
Germany 2.09%
U.S. 2.04%

Italy 10-year drifted under 6% today and pundits celebrated the development, but, that was short-lived, the Italy now drifting back above 6%. France is moving steadily across its current levels. Germany yields have dropped the last couple days (higher price) so traders are moving some money into Germany. The ECB rate decision and conference occurs shortly so yields can be checked afterwards.