European shares jump on the trade deal bandwagon

  
Analysis, Global Indices

Major indices closing higher in Europe

The major European markets are closed and the indices are higher after reports that a big deal was coming between the US and China.
The provisional closes are showing:
  • German DAX, +0.66%
  • France’s CAC, +0.53%
  • UK FTSE 100, +0.98%
  • Spain’s Ibex, +0.94%
  • Italy’s FTSE MIB, +1.0%
In the 10 year note sector, the benchmark 10 year yields reversed higher after being lower earlier in the day, with the yield up by 3.2 basis points to 5.5 basis points.
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