Bonds: Interest rate increase after job report

Bond yields in Northern Europe was Friday sent up by surprisingly good U.S. job figures, which were as expected in September but contained upward revisions of the previous two months' figures. It sent investors to back the tables to turn up the knob that controls the "risk-on". This gave rise in stock markets, rising interest rates in the safe countries and declining yields in riskier countries from southern Europe.

Bonds: Interest rates fall in the north and increases in south

Wednesday was a very quiet day in the bond markets in Europe, where the result of investors' side stepping was a small decline in interest rates in northern Europe and similar small increases in Southern Europe.

It was still the macroeconomic events that had control of the financial markets with Spain, China and the U.S. in the lead roles.

Currency: Euro pushed up by poor job report

The past week has been in the common European currency's favor, and Friday the enthusiasm for the euro had no end.

For not only did the European Central Bank Thursday put heavy lines in the currency as one of the three major global currency units. The central bank also launched a European version of the American "operation twist" with the purchase of short-term bonds from the debt-ridden southern European countries.

Shares and interest rates fall after disappointing job report

The disappointing U.S. employment report draws negative track the financial markets, where both equities and interest rates fall.

The German DAX stock index fell by 0.4 percent, as the job report was announced.  After a few minutes the DAX index recovered again.