Euro zone bond yields, euro steady after ECB rate cut

LONDON, Jan 30 (Reuters) - Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected.

The German 10-year bond yield DE10YT=RR, the benchmark for the euro area, was last down 6 basis points on the day at 2.51%, having dropped earlier after weak growth data.

The euro EUR=EBS was down 0.2% against the dollar at $1.0403, broadly in line with where it was trading before the decision.

The pan-continental STOXX 600 .STOXX index was up 0.6% at 537.23 points, within a whisker of its record intraday high of 537.7 reached earlier in the session.