Sovereign Debt

German and United States 10-year bond yields rebounded slightly last week. German yields were last trading at 1.42 percent, while the U.S. 10-year yield was last trading at 1.65 percent.

Against the German benchmark, yield spreads on PIIGS countries fell. Portuguese, Italian, Irish, Greek and Spanish yield spreads were last trading at 6.78 percent, 3.43 percent, 3.26 percent, 15.68 percent and 4.37 percent, respectively.

Inflation

There were no notable inflation figures released this past week.

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