You are here: Home » International » News » Companies
Business Standard

ECB's stimulus signal pushes Eurozone bond yields to new lows

Two-year bond yields fell to 4 1/2-month lows at minus 0.796%

Reuters  |  London 

Government bond yields in the euro area fell to multi-month lows early on Friday, extending the previous day's decline after the European Central Bank (ECB) signalled a slow exit from its monetary stimulus scheme. Germany's benchmark 10-year bond yield fell to 0.286%, its lowest since late June. Two-year bond yields fell to 4 1/2-month lows at minus 0.796%. In southern Europe, Portuguese bond yields fell to their lowest in more than a year at 2.702%. They slid 13 bps on Thursday, their biggest one-day fall since April.

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, September 08 2017. 12:05 IST
RECOMMENDED FOR YOU