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Euro zone government bonds hold steady in early trading

ReutersMay 5, 2025 7:12 AM

- Euro zone government bonds held steady in cautious trade on Monday, at the start of a week where more news is due outside the currency bloc, with the Federal Reserve and several other central banks all meeting.

Germany's 10-year yield DE10YT=RR was little changed at 2.52%.

The euro zone benchmark yield rose around 5 basis points last week, less steeply in comparison with a busy March and April which saw it jump above 2.9% on the announcement of Germany's dramatic spending plans, before falling back on safe-haven flows after U.S. President Donald Trump's early April tariff announcement.

The focus in global bond markets this week will be the Federal Reserve meeting on Wednesday, though no policy change is expected. The Bank of England, the Riksbank and Norges Bank are also meeting this week.

Italy's 10-year yield was flat at 3.63% IT10YT=RR leaving the spread between it and Germany's Bund yield at 109.1 basis points. DE10IT10=RR

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