Eurozone Bond Yields Fall, Track Treasury Yields Lower
Dow Jones
Yesterday
0659 GMT - Eurozone government bond yields fall in opening trade, taking a breather after hitting successive multiyear highs in previous sessions. Lower oil prices help push yields lower, as well as comments by New York Federal Reserve President John Williams who indicated in an interview with CNBC that he doesn't see clear-cut evidence right now that the Fed must raise interest rates to respond to persistent inflation. Bond supply will be significant on Thursday, coming from Spain, France and Ireland. The 10-year German Bund yield, which rose to a 15-year high of 3.395% on Wednesday, falls 1.4 basis points to 3.364%, according to Tradeweb.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.