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Euro zone bonds take a breather ahead of busy few days for economic data

ReutersApr 29, 2025 6:41 AM

- Euro zone government bonds held steady in early trading on Tuesday as traders used the absence of any major new tariff developments to catch their breath ahead of a raft of economic data coming later in the week.

U.S. GDP, inflation and employment data are all due this week, with major releases starting from Wednesday. Euro zone countries will also be reporting inflation data, including Germany and France on Wednesday.

Germany's 10-year bond yield, the euro zone benchmark, was little changed at 2.50% and its rate-sensitive two-year yield was also steady at 1.74%. DE10YT=RR, DE2YT=RR

Italy's 10-year yield was also flat at 3.61%, leaving the spread between German and Italian 10-year yields at 108 basis points. IT10YT=RR, DE10IT10=RR

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