by Calculated Risk on 11/15/2011 11:34:00 AM
Tuesday, November 15, 2011
European Bond Yields Rising as Euro zone economy slows
From the WSJ: Recession Fears Haunt Euro Zone
The euro-zone economy barely grew in the third quarter despite a temporary bounce in Germany and France, raising fears that the euro bloc may already be sliding into recession ... Gross domestic product in the 17-nation euro zone grew 0.6% at an annualized rate during the third quarter ... Germany's economy recovered to post a 2% annualized growth rate ... France grew 1.6% after stagnating in the second quarter.Below is a table for several European bond yields (links to Bloomberg).
Those two countries comprise half of euro-zone GDP, indicating that the rest of the euro bloc contracted as a whole ...
The Italian 10 year bond yield is up to 7.07%. The Italian 2 year yield is up to 6.54%.
The Spanish 10 year bond yield has increased to 6.34%. The Spanish 2 year yield is up to 5.3%.
The French 10 year bond yield is at 3.67%. The Belgium 10 year yield is up to 4.9%.
Greece | 2 Year | 5 Year | 10 Year |
Portugal | 2 Year | 5 Year | 10 Year |
Ireland | 2 Year | 5 Year | 10 Year |
Spain | 2 Year | 5 Year | 10 Year |
Italy | 2 Year | 5 Year | 10 Year |
Belgium | 2 Year | 5 Year | 10 Year |
France | 2 Year | 5 Year | 10 Year |
Germany | 2 Year | 5 Year | 10 Year |