The market seems content with the lack of market volatility, a carry over from yesterday’s session. With the Capital Markets data calendar light again today, many investors are waiting for wisdom from German data and development of the Greek buy-back program. After failing to meet it’s target, the Greek government extended the deadline for its buy-back program from Friday to today. The government hopes to retire close to +EUR20b in debt through the exercise pick-up, a prerequisite to receiving its next tranche of financial aid. So far, this has not stopped periphery yields from backing up. To be fair, the Italian ... (full story)