Список проголосовавших за комментарий " European Summary<p><strong>European Yields Jump</strong></p><ul><li>European sovereign debt yields are sharply higher this morning despite some disappointing economic data for Germany. France's 10-year OAT yield is at a one-year high and all major eurozone yields at the 10-year tenor are firmly above their technically significant 50-day moving averages. While the benchmark 10-year German Bund yield was higher than its current level (0.45%) briefly on December 8, after the European Central Bank's rate announcement, it is very near to a one-year high. The economic data out of the eurozone has improved sharply since the November 8 U.S. election and higher oil prices are at least helping nominal inflation move higher, even if core measures remain subdued (0.9% y/y for core CPI)</li><li>ECB Governing Council Member Sabine Lautenschlager said today that the central bank should not overreact to the «first ray of sunshine» as headline inflation jumps because core inflation remains weak</li><li>Greece's primary budget surplus rose to EUR4.4 bln in 2016 from EUR2.27 bln in 2015. The target for the bailout was EUR1.98 bln</li><li><strong>New Issuance:<br/> </strong><ul><li>Germany sold EUR811 mln of 2046 Bunds with an average yield of 1.20% and a bid-to-cover of 1.4</li></ul></li><li><strong>European Economic Data:</strong><br/> <ul><li>The German Ifo Business Climate Index unexpectedly fell to 109.8 for January from 111.0 in December<br/> <ul><li>Business Expectations slipped to 103.2 from 105.5</li><li>The Current Assessment rose to 116.9 from 116.7</li></ul></li><li>Italian Industrial New Orders were up 1.5% m/m in November (0.1% y/y), accelerating from October's 1.0% growth</li><li>The French Business Survey remained at 106 in January, as expected</li><li>In the U.K., CBI Industrial Trends Orders jumped more than expected to 5 for January from 0 in December</li><li>Switzerland's Consumption Indicator rose to 1.50 for December from 1.45 for November</li></ul></li><li><strong>Yield Check:</strong><br/> <ul><li>France, 10-yr OAT: +7 bps to 0.94%</li><li>Germany, 10-yr Bund: +3 bps to 0.44%</li><li>Greece, 10-yr note: -11 bps to 6.79%</li><li>Italy, 10-yr BTP: +3 bps to 2.07%</li><li>Portugal, 10-yr PGB: +9 bps to 3.93%</li><li>Spain, 10-yr ODE: +6 bps to 1.51%</li><li>U.K., 10-yr Gilt: +3 bps to 1.44%</li></ul></li></ul>"