Meanwhile In European Sovereign Default Risk...

Tyler Durden's picture

While all eyes this morning are on Chinese CDS (with about an 18 month delay: about par for a centrally planned market), which has finally blown out, the shifting of attention has done nothing to fix the situation in Europe, where CDS is once again wider across the board.

                                   5Y                10Y          5/10's                           

  • ITALY             470/480  +21      446/460      -30/-10                           
  • SPAIN            379/389  +14      352/368      -30/-10                           
  • PORTUGAL    1090/1130 +20      825/895     -280/-220                           
  • IRELAND        660/710  -15      475/545     -205/-145                           
  • GREECE           59/63   0         60/64
  • BELGIUM       254/264  +11      249/263       -8/2                              
  • FRANCE         183/188  +9.5     197/203       12/17                             
  • AUSTRIA        164/174  +9     182.5/190.5     15/20                             
  • UK                   91/95   +3     107.5/112.5     15/19                             
  • GERMANY      109/113  +4     128.5/133.5     17/21
  • XO 829/834 +41.5
  • MAIN 198/199.5 +9.25