A quick summary of the European damage: // Portugal 10Y yield up 89bps to 7.61%, was up 130bps at 8.023% earlier

A quick summary of the European damage:

• Portugal 10Y yield up 89bps to 7.61%, was up 130bps at 8.023% earlier
• Spanish 10Y yield up 14bps to 4.76%
• Italian 10Y yield up 7bps to 4.51%
• U.K. 10Y yield down 4bps to 2.34%
• German 10Y yield down 6bps to 1.64%
• Bund future up 0.53% to 142.44
• BTP future down 0.88% to 109.77
• EUR/USD down 0.13% to $1.2962
• Dollar Index down 0.15% to 83.42
• Sterling spot up 0.62% to 1.525
• 1Y euro cross currency basis swap down 1bp to -18bps
• Stoxx 600 down 1.21% to 283.67

http://www.zerohedge.com/news/2013-07-03/europe-turmoil-spreads-explode-portulitical-crisis-egypt-ultimatum-nears