But off lowest levels for the day
The major European indices are ending the session lower, but off the lowest levels of the day. The provisional closes are showing:
- German DAX, -1.4%
- France CAC, -1.2%
- UK’s FTSE, -0.8%
- Spain’s Ibex, unchanged
- Italy’s FTSE MIB, -0.8%
In the debt market, the benchmark 10 year yields are ending the session lower. With the UK yield down -5.5 basis points.