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Euro zone government bond yields

Euro zone bond yields edge lower after ECB meeting
Markets

Euro zone bond yields edge lower after ECB meeting

  • IHS Markit's flash Composite PMI Index, seen as a good guide to economic health, rose to 53.7 from March's 53.2, confounding expectations in a Reuters poll for a dip to 52.8.
  • Germany's 10-year government bond yield, the benchmark of the euro area, fell 1 basis point at -0.27%.
Published 23 Apr, 2021 05:13pm
German Bund yields dip as euro zone industrial output declines
Markets

German Bund yields dip as euro zone industrial output declines

  • Euro zone bond yields, which had been rising in line with US Treasury yields on hopes for a strong economic recovery later this year and increased inflation, dropped 1-3 basis points.
  • "The global picture is that the manufacturing sector is in rude health and is the sector that is leading the recovery, so perhaps there's a bit of a reaction to that," said ING rates strategist Antoine Bouvet.
Published 14 Apr, 2021 04:24pm