Rates and bond purchases. Timothy geithner has drawn a line in the sand. He says the white house is prepared to go over the fiscal cliff if republicans dont give in on higher taxes on the wealthy. You can see were weighted to the up side by a ratio of 8 1 at the moment. Finland is not trading today, so you may see some quotes not doing very well. We saw apple stock having the biggest loss in four years. The ftse yesterday slim gains really. Up 0. 4 , the dax up a quarter of a percent. Is this a this is where we stand as we wait for the announcements from the ecb. Were up at a 52 week high for the xetra dax. Cac 40 up half a percent and ibex up half a percent, as well. Take a look at bond yields. We looked at that auction yesterday from spain. They raised 4. 3 billion. Years went lower. Nevertheless spanish yields today 5. 4 , slightly lower from where we closed, but they did move up substantially after a handle of 5. 2. Well keep our eye on gilts, as well. Well look ahead to the bank o