Euro zone bond selloff pauses as Germany 10-year yield eases 2 bps
Germany's 10-year yield fell 2 basis points to 3.624% after hitting a 17-year high on Monday. Money markets still price almost four more quarter-point ECB hikes.
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Germany's 10-year yield fell 2 basis points to 3.624% after hitting a 17-year high on Monday. Money markets still price almost four more quarter-point ECB hikes.
Euro-zone government bonds were set to pause a six-day falling streak, with benchmark yields nudging lower from multi-year highs as energy costs eased and some inflation worries were alleviated.
Euro zone government bonds were set to snap a six-day falling streak as benchmark gas prices eased, pushing yields away from multi-year highs and easing some energy-driven inflation worries.
Euro zone government bonds paused after a six-day falling streak, with yields pulled back from multi-year highs as benchmark oil and gas prices eased, easing some energy-led inflation worries.