logo

Euro zone bond yields jump

Sunday, 11 September 2022



LONDON, Sept 10 (Reuters): Euro zone bond yields jumped on Friday, after a report from the Financial Times that the European Central Bank could start discussions on shrinking its balance sheet in early October.
The ECB hiked rates on Thursday by 75 basis points and has flagged further policy tightening to contain inflation.
Italy's 10-year bond yield was last up almost 9 basis points on the day at 4.03 per cent, while Germany's 10-year Bund yield was up 1 bps at around 1.71 per cent.