European CDS Rerack: Germany Back To Triple Digits

Tyler Durden's picture

In addition to broad bloodletting across the board, with Belgium and Spain getting crushed as noted earlier, the core confusion continues with Germany back in triple digits, and the UK, which has roughly 500% total debt/GDP including all debt - corporate and private, or double Germany's, still shockingly in double digits. This won't last long.

                            5Y                     10Y             5/10's                         
ITALY                550/560  +15    514.5/534.5     -40/-25                           
SPAIN                480/490  +10    448.5/468.5     -31/-16                           
PORTUGAL       1055/1095 +10      810/880      -260/-200                         
IRELAND           705/735  +5         535/605      -180/-120                         
GREECE           61.5/64.5 +0.5     62.5/66.5          0/3
BELGIUM           350/365  +20.5    337/357        -18/-3                           
FRANCE            234/240  +3         250/260         14/18                           
AUSTRIA           224/230  +8      237.5/247.5      13/18                           
UK                     95/99   +4          111/117         15/19                           
GERMANY         100/103  +3      118.5/124.5       17/21