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Euro, bond yields, stocks little changed after ECB rate cut

ReutersJun 5, 2025 12:23 PM

- The euro and euro zone government bond yields were little changed on Thursday after the European Central Bank cuts its deposit rate by 25 basis points to 2%, in line with expectations.

The euro EUR=EBS was last flat on the day against the dollar at $1.1423, broadly in line with where it was trading before the announcement.

Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro area, barely moved after the decision and was last down 4 basis points at 2.481%.

European shares held onto earlier gains with the pan-continental STOXX 600 .STOXX index up 0.3% on the day.

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