And Meanwhile Over In European CDS Land...

Tyler Durden's picture

If there is one word you should get used to today, it is "bloodbath"

Oh and, welcome to the inverted club Belgium, with a 5s/10s now showing a negative mid spread.

                          5Y                     10Y            5/10's             
ITALY              452/458  +11   440.5/456.5    -16/-1
SPAIN             384/390  +9        368/384       -15/-1                             
PORTUGAL    1110/1140 +20     830/900      -290/-230
IRELAND        750/780  +15      600/670       -160/-100                           
GREECE           59/62   0          59.5/63.5      -0.5/2.5  
BELGIUM     306/316  +9      303/317        -6/4                              
FRANCE         191/195  +10      209/219         17/21                             
AUSTRIA       165/170  +4.5     178/188         13/18                             
UK               92.5/95.5 +2.5     107/113         14/18                             
GERMANY     96.5/99.5 +4.5     115/121         17/21