Euro zone bund yields hit highest level in over 15 years
Euro zone government bond yields held just below multi-year highs on Thursday ahead of the European Central Bank's policy decision later in the session. Investors stayed on the sidelines as analysts expected an ECB rate increase.
Euro zone government bond yields stayed just below multi-year highs on Thursday, with investors largely waiting for the European Central Bank's policy decision later in the session. Analysts expect the ECB to raise rates by 25 basis points (bps) and to offer no guidance.