Eurozone Bond Yields Fall as Oil Prices Drop

Dow Jones11-10

0754 GMT - Eurozone government bond yields fall in early trade, helped by lower oil prices which could mitigate inflation risks and dampen interest-rate hike expectations. The fall in eurozone bond yields bucks a slight increase in U.S. Treasury yields ahead of the October consumer price inflation data release at 1330 GMT. Government bond supply will be light in the eurozone, with only the Netherlands lining up for the sale of 2.5 billion euros to 3 billion euros in July 2036-dated DSL. The 10-year German Bund yield falls 1.9 basis points to 3.251%, while the 10-year Dutch DSL yield declines 2.2 basis points to 3.339%, according to Tradeweb.

 

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