Italy and Portugal indices move higher
the major European indices are ending the session with mixed results. Germany, France, UK and Spain show declines while Italy and Portugal eked out gains. The closes are showing:
- German DAX, -0.43%
- France’s CAC, -0.42%
- UK’s FTSE 100, -0.62%
- Spain’s Ibex, -0.2%
- Italy’s FTSE MIB, +0.3%
- Portugal’s PSI 20, +0.95%
In the European debt market, benchmark 10 year yields fell across the board with UK yields down the most at -2.8 basis points.