Euro zone yields drop, echoing fall in energy costs
TLT•Euro zone government bond yields fell as energy prices eased. Germany’s 10-year yield dropped 2 basis points to 3.25%, while France’s fell 6 basis points to 4.69%.
TLT•TLT•TLT•Euro zone government bond yields fell as energy prices eased. Germany’s 10-year yield dropped 2 basis points to 3.25%, while France’s fell 6 basis points to 4.69%.
Euro zone bond yields dipped on Tuesday, with yields in more stressed markets falling further. Germany’s 10-year benchmark yield dropped 2 basis points to 3.25%, and its two-year yield fell nearly 3 basis points to 2.98%.
Brent crude was below $91 a barrel, down 1.6% on the day, while benchmark European natural gas prices fell 1%. France’s 10-year yield dropped 6 basis points to 4.69%, after rising more than European peers in September and October amid concerns about its fiscal position. Italy’s 10-year yield fell 5 basis points to 4.26%.
