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Euro zone bond yields hover near recent lows

August 05, 2021 00:00:00


LONDON, Aug 4 : Euro zone government bond yields hovered near recent lows on Wednesday in a quiet start to the European day as traders waited for direction from the US Treasury market and ahead of key jobs data later in the week. The 10-year German bond yield was down slightly and close to its lowest since February as investors continue to push government borrowing costs down as they bet the European Central Bank (ECB) will keep yields low to support economic recovery from the pandemic. The German 10-year yield was down 1 basis point at -0.489 per cent.

— Reuters


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