As GDP growth slows throughout the Eurozone (-0.1% for Q3), bond yields remain elevated for at-risk countries like Greece and Spain. The 10-year yield for sovereigns ticked slightly lower week-over-week, with Greece falling -49 basis points (bps) to 17.38%, Italy falling -12 bps to 4.88%, Portugal falling -8bps to 8.78% and France falling -6bps to 2.07%. Spain actually saw its yield increase by +6 basis points to 5.89% while Germany gained +2bps to 1.35%.
