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Euro area yields, stocks and currency jump on report German parties agree fiscal deal

ReutersMar 14, 2025 11:13 AM

- Euro zone government bond yields, shares and the euro rose on Friday after reports, including by RND newspaper, that the parties in line to form the next German government and the Greens have reached an agreement on debt reform.

Germany's 10-year government bond yield DE10YT=RR, the euro area benchmark, rose 7 basis points to 2.922%.

The 30-year bond yield DE30YT=RR rose to its highest since October 2023 at 3.246%.

Germany's benchmark DAX .GDAXI index jumped 1.7% to a one-week high, while mid- .MDAXI and small-caps .SDAXI rose 2% and 2.5%, respectively.

The euro EUR=EBS jumped 0.4% against the dollar to $1.0898, and was up 1.2% against the yen EURJPY=EBS and 0.4% against the pound EURGBP=D3.

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