European indices end the day with declines

German DAX, -1.4%

The major European indices are ending the day with declines. A look at the provisional closes shows:

  • German DAX, -1.4%
  • France’s CAC, -1.5%
  • UK’s FTSE 100, -2.1%
  • Spain’s Ibex, -0.7%
  • Italy’s FTSE MIB, -1.3%
  • Portugal PSI 20, -1.63%
In the European debt market, the benchmark yields are moving higher, with investors shunning the risk year countries including Spain, Italy, and Portugal. France 10 year yields remain above the 0.0% level at 0.072%.