The German ten-year Bund was down 10.0 ticks to 125.26 with yields up 1.7 bps to 3.05%, while the 10-year gilt was down 9.0 ticks to 119.75 with yields up 0.3 bps to 3.56%. The euro was up 0.48 cents to 1.2626 USD.The five-year Bobl was down 7.0 ticks to 117.28, the two-year Schatz up 1.0 ticks to 108.41 and the September 2009 Euribor contract trading up 1.0 tick 98.49. The spread between the 10-year Bund and 10-year U.S. Treasury notes widened 5.955 bps to -11.10. UK 30-year bond yields were up 1.9 bps to 4.31%, five-year bond yields were down 3.0 bps to 2.52%, while yields on the two-year bond were down 3.5 bps to 1.33%. The September 2009 Short Sterling contract was flat at 98.27. Yields on U.S. 10-year Treasury notes were up 7.3 bps to 2.936%. European stock markets were declining with the Eurostoxx down 6.87 points to 1663.97, the UK FTSE 100 down 36.86 points to 3588.97 and the German DAX down 27.01 points to 3683.06. The Japanese Nikkei was trading down 50.43 points to 7229.72. The Canadian dollar was up 0.31 cents to 0.7763 against the USD (1.2883 USD/CAD). Against the euro, the loonie was up 0.01 cents to 0.6148 (1.6265 CAD/EUR). The U.S. dollar was up 0.15 to 97.60 and the euro was up 0.66 to 123.23, both against the yen. The euro was up 0.48 cents to 1.2626 while the pound sterling was up 0.36 cents to 1.4091, both against the USD. The euro was up 0.11 cents to 0.8961 pounds. The Swiss franc was up 0.29 cents to 1.1725 against the USD and down 0.17 cents to 1.4804 against the euro. All data were taken at 5:12 a.m. EST. Generated by CEP Newswires CEP Newswires - CEP News ? 2008. All Rights Reserved. www.economicnews.ca The Copying, Broadcast, Republication or Redistribution of CEP News Content is Expressly Prohibited Without the Prior Written Consent of CEP News.

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