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Euro zone bond yields steady, market unfazed by moves elsewhere

ReutersNov 25, 2025 9:10 AM

- Euro zone bond yields held steady in early trading on Tuesday even as other asset classes and U.S. Treasuries clung to gains as hopes grow the Federal Reserve will deliver a December rate cut.

Germany's 10-year Bund yield was flat at 2.7%, broadly in the middle of its range for much of this year. DE10YT=RR

With the European Central Bank firmly on hold, European rates have been fairly muted in recent weeks. Spillovers from moves in stocks or U.S. and Japanese government bonds have not been sufficient to drive significant shifts either.

French and Italian 10-year yields were largely moving in line with Germany's, the euro zone benchmark, on Tuesday.

France's 10-year yield was flat at 3.45% and Italy's was unchanged at the same level. FR10YT=RR, IT10YT=RR

U.S. yields have been dropping in recent days as bets on a Federal Reserve rate cut rise, though were steadier on Tuesday with the 10-year Treasury yield at 4.04%. US10YT=RR US/

Meanwhile, super-long-dated Japanese government bond yields are at their highest levels on record. JP/

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