tradingkey.logo

Euro zone bond yields hold steady around six-week highs

ReutersDec 30, 2024 7:27 AM

- Euro zone bond yields were little changed on Monday and traded at around their highest since mid-November, as investors face an uncertain monetary policy and borrowing outlook for 2025.

Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone bloc, rose 0.5 basis points (bps) to 2.4%, around its highest in six weeks. Yields move inversely to prices.

Italy's 10-year yield IT10YT=RR was 1.2 bps higher at 3.55%, and the gap between Italian and German bond yields DE10IT10=RR held at 114 bps.

The spread between U.S. 10-year Treasury and German bond yields DE10US10=RR narrowed 1.8 basis points to 221 bps.

Germany's two-year bond yield DE2YT=RR, which is more sensitive to European Central Bank rate expectations, was little changed at 2.1%, around its highest since Nov. 22.

(Reporting by Harry Robertson)

((harry.robertson@thomsonreuters.com;))

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI