Список проголосовавших за комментарий " European Summary<p><strong>European Sovereign Debt Drops</strong></p><ul><li>European sovereign debt is seeing losses across the board this morning in sympathy with the weakness in Treasuries. At the 10-year tenor, the biggest loser is Spain, whose yield has matched a one-year high. With the euro remaining weak and the eurozone recovery continuing, traders are starting to think about 2017 rate hikes from the European Central Bank. The ECB's Governing Council releases its next rate decision on Thursday and is widely expected to keep monetary policy on its current course. The monthly asset purchases will taper to EUR60 bln (currently EUR80 bln) on April 1. Economic data out this morning showed that industrial production in Germany and Spain beat forecasts during January, but the real force pushing up rate in the eurozone is the huge ADP number for U.S. employment. The report that the U.S. economy added 298K nonfarm payrolls in February (180K Briefing.com consensus) will weigh on sovereign bonds in all developed economies</li><li>The U.K. revised down up its growth forecast for 2017 to 2.0% (from 1.4% in November) while revising down its 2019 growth forecast to 1.7% (from 2.1% in November)</li><li><strong>New Issuance:</strong><ul><li>Germany sold EUR3.15 bln of five-year bobls with an average yield of -0.45% and a bid-to-cover ratio of 1.08</li></ul></li><li><strong>European Economic Data:</strong><ul><li>German industrial production jumped by 2.8% m/m in January, beating estimates and reversing December's 2.4% slide</li><li>Spanish industrial production rose by 2.5% m/m in January, also beating expectations after 2.0% growth in December</li><li>France's current account deficit unexpectedly widened to EUR7.00 bln in January from EUR1.20 bln in December</li><li>Switzerland's consumer price index was up 0.5% m/m in February (0.6% y/y), beating forecasts after no change in January</li></ul></li><li><strong>Yield Check:</strong><ul><li>France, 10-yr OAT: +6 bps to 1.02%</li><li>Germany, 10-yr bund: +4 bps to 0.36%</li><li>Greece, 10-yr note: -5 bps to 7.06%</li><li>Italy, 10-yr BTP: +7 bps to 2.26%</li><li>Portugal, 10-yr PGB: +3 bps to 2.98%</li><li>Spain, 10-yr ODE: +7 bps to 1.79%</li><li>U.K., 10-yr gilt: +1 bp to 1.13%</li></ul></li></ul>"