65370
Eurozone Bond Yields Fall
World Economy

Eurozone Bond Yields Fall

An undercurrent of political and policy risks pushed down eurozone government bond yields on Friday, discouraging investors from putting too much faith in improved economic data, Reuters reported. Despite a market-friendly result in the French presidential election and strong recent inflation and private sector activity numbers from the bloc, most eurozone bond yields are well below recent highs. Germany’s 10-year government bond yield, the benchmark for the region, fell 3 basis point to a one-week low of 0.33%—comfortably above the 0.2% level at the start of the year but well below the 0.51% March high. Investors took their cue from policymakers staying cautious on the brightening political and economic picture in Europe and its implications for monetary policy. “We have had a few positive political outcomes, but we still have Brexit negotiations to come, Italian and German elections, a potential Catalonia (independence) referendum and the unpredictable factor of Donald Trump’s presidency,” ING strategist Padhraic Garvey said.

 

Short URL : https://goo.gl/T6KkZZ
  1. https://goo.gl/GeF3PT
  • https://goo.gl/qbfmq7
  • https://goo.gl/bFN0pX
  • https://goo.gl/XVnD5N
  • https://goo.gl/l6Zhn6

You can also read ...

China Holdings of US Debt Rise to $1.18 Trillion
America’s biggest foreign creditor is opening its wallet wider...
The Nikkei average ended 255.27 points or  1.19% higher at 21,720.25
Asian stocks rose on Friday after US shares extended their...
Saudi Arabia, projected to make the biggest plunge from 2017 in its misery index number, climbs into the top 10 most-miserable economies.
Rising prices are more of a threat to the global economy this...
Tunisia  Grew 1.9%  in 2017
Tunisia’s economy grew 1.9% in 2017 compared with 1% in the...
Payment Apps Boom  in Cash-Scarce Venezuela
Widerven Villegas and his brother wash some 30 cars a day at a...
The people are worried about their own household budgets and are not convinced that Macron’s reforms  will deliver improvements in their own lives.
The good news keeps coming for the French economy: data...
Fed is likely to raise interest rates  three times in 2018.
Global inflation is finally on the rise, the bond market has...
2017 Was a “Very Bad Year” for Colombia
Colombia’s economy grew at its weakest pace in nearly a decade...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus