Euro Zone Bond Yields Diverge Amid Inflation Jump
European government bond markets saw yields diverge, with safe-haven German debt favored over countries like France, though volatility lessened from the previous day. Concurrently, euro zone inflation saw a significant jump.
A sharp selloff in European government bond markets on Friday left traders favouring safe-haven German debt over weaker countries such as France, though with less volatility than the previous day, as euro zone inflation jumped. Yields had diverged sharply on Thursday.