Business & Finance

Euro zone bond yields fall after Fed meeting

Published August 1, 2013 Updated August 1, 2013 06:58am

1 min

By Shoaib Ur Rehman

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LONDON: Euro zone government bond yields fell on Thursday after the Federal Reserve said the US economy still needed stimulus, offering no indication it was planning to scale back bond buying in September.

Bund futures were 83 ticks higher at 143.20, with 10-year cash German yields dropping 7 basis points to 1.60 percent. Most other euro zone bond yields also dropped 4-7 basis points.

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