Euro zone government bond yields maintained their stability on Wednesday, hovering near their lowest levels in over a week. Market participants are closely monitoring the potential rise in European defence spending, which could be funded by increased bond issuance. Despite a slight recovery in U.S. Treasury yields, Germany’s 10-year bond yield, a benchmark for the eurozone, dipped by 1.5 basis points to 2.437%, marking its lowest point since February 17. Notably, bond yields move inversely to prices.
About the Author
