Global Markets Update: Average Yield on Italy's 6-Month T-Bill 3.251 Percent

5:10 AM ET Wed, 28 Dec 2011

U.S. futures are mixed this morning. In Europe, the markets respond to Italy's 9 billion euro, 6-month Treasury bill auction -- the average yield is set at 3.251 percent. Italy plans to auction 8.5 billion euros in 3- and 10-year bonds Thursday. The German 2-year Shatz yield hits a record low. Very thin trading in Asia, as investors search for bargains. Most Asian stocks drop on European debt concerns. And China shares are flat after reversing earlier losses.